# Rand firms in line with emerging markets and stocks - Moneyweb

> The rand firmed on December 11 alongside other emerging-market currencies and stocks after better-than-expected South African manufacturing data and a pause in the dollar rally. The rand traded at 14.33 per dollar.

- Date: 2018-12-11 · published 2018-12-11T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/61836-rand-firms-in-line-with-emerging-markets-and-stocks-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A firmer rand modestly lowers the local cost of imported feed ingredients, though the country's fiscal risks keep investors cautious.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/south-africas-rand-firms-in-line-with-emerging-markets-and-stocks/

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