# Rand, stocks see positive end to difficult year - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

> South Africa's rand and stocks edged up on the final trading session of 2018, buoyed by hints of progress in US-China trade talks. The rand traded near 14.36 per dollar, but both assets still finished the year with heavy declines, with the rand down nearly 15% against the dollar.

- Date: 2018-12-31 · published 2018-12-31T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/61832-rand-stocks-see-positive-end-to-difficult-year-sabc-news-breaking-news-special
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A weaker rand raises the local cost of imported feed inputs such as soybean meal and corn for South African buyers, while easing trade-war fears modestly supports emerging-market currencies.

## Read by commodity

- USDZAR: neutral

## Sources

- sabcnews.com: https://www.sabcnews.com/sabcnews/rand-stocks-see-positive-end-to-difficult-year/

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