# Rand and rouble help healing process, econ plan hobbles lira - Moneyweb

> Emerging-market buyers pushed up beaten-down currencies including the rand and rouble on Thursday, lifting the main global EM stocks index to a three-week high. The Turkish lira weakened after the government's economic plan disappointed investors, and the rand was up 1.5% to 14.45 per dollar.

- Date: 2018-09-20 · published 2018-09-20T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/63341-rand-and-rouble-help-healing-process-econ-plan-hobbles-lira-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Emerging-market currency moves change the local-currency cost of imported feed for buyers in those markets. The rally is sentiment-driven and selective, so it does not signal a change in feed supply or demand.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/rand-and-rouble-help-healing-process-econ-plan-hobbles-lira/

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