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The rand firmed to 14.175 per dollar, its strongest since October 1, as a softer dollar lifted emerging-market currencies. Local stocks rose and banks led gains.
Moody's ratings review was delayed until after the medium-term budget statement.
A stronger rand and softer dollar lower the local cost of imported feed ingredients, though the move is a routine currency swing.
moneyweb.co.zaReutersOct 16, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
