# Rand, stocks falter as trade tensions rise - Moneyweb

> The rand weakened against the dollar on Tuesday as trade tensions between the US and its trading partners dampened risk appetite. Moody's said South Africa's growth prospects would be limited by weak business confidence and land reform uncertainty, while it kept an investment-grade rating.

- Date: 2018-06-26 · published 2018-06-26T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/64816-rand-stocks-falter-as-trade-tensions-rise-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Rand weakness on trade-driven risk aversion raises dollar-denominated feed input costs for South African buyers, though the move is driven mainly by domestic credit and growth concerns.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/rand-stocks-falter-as-trade-tensions-rise/

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