# Rand slips on global growth fears - Moneyweb

> The rand slipped 0.2% to 13.8575 per dollar as fears about the global economy, including the IMF's downgraded outlook and China's slowest growth in nearly 30 years, weighed on emerging-market assets. The Top 40 index fell 0.4%.

- Date: 2019-01-22 · published 2019-01-22T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/61381-rand-slips-on-global-growth-fears-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Weaker global growth expectations lower demand for commodities and push investors toward safe-haven currencies, which can weaken emerging-market currencies such as the rand. The impact on feed grain prices is small.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/rand-slips-on-global-growth-fears/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.