# Falling rand set to oust lira as most volatile in emerging pack - Moneyweb

> The rand has become the most volatile emerging-market currency, with its one-week implied volatility nearly matching Turkey's lira. The rand has fallen 3.5% against the dollar in the past week and is down about 13% for the year.

- Date: 2018-12-11 · published 2018-12-11T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/61839-falling-rand-set-to-oust-lira-as-most-volatile-in-emerging-pack-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

High rand volatility increases the cost of hedging imported feed ingredients priced in dollars for South African buyers.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/falling-rand-set-to-oust-lira-as-most-volatile-in-emerging-pack/

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