# South African rand dips ahead of credit rating reviews - Moneyweb

> The rand weakened 0.42% to 12.4675 per dollar in cautious trade ahead of S&P's rating review, after the South African Reserve Bank held rates. Analysts cited dollar strength and short interest as pressure points.

- Date: 2018-05-25 · published 2018-05-25T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/65295-south-african-rand-dips-ahead-of-credit-rating-reviews-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Routine currency commentary with no new cause for feed markets; it only describes a small move in a currency that matters little to global grain prices.

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news/economy/south-african-rand-dips-ahead-of-credit-rating-reviews/

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