# S. Africa rand buoyed by US inflation miss, stocks fall to 15-month low | Reuters

> The rand firmed to 14.64 per dollar after weaker-than-expected US consumer price data pushed the greenback to a two-week low. The move came during a sharp Wall Street sell-off. Traders were cautious ahead of the Moody's rating review due on Friday.

- Date: 2018-10-11 · published 2018-10-11T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/62827-s-africa-rand-buoyed-by-us-inflation-miss-stocks-fall-to-15-month-low-reuters
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A softer US dollar eases pressure on emerging-market currencies and import costs, though the effect on feed prices is modest.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/safrica-markets-idUKL8N1WR5B1/

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