# Rand falls as rising US bond yields lift dollar - Moneyweb

> The rand weakened 0.6% to 12.41 per dollar on Tuesday as rising US bond yields lifted the dollar index. Traders were focused on South African unemployment and retail sales data due that week.

- Date: 2018-05-15 · published 2018-05-15T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/65298-rand-falls-as-rising-us-bond-yields-lift-dollar-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Routine currency commentary driven by US yields; it has no direct implication for feed commodity supply or prices.

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news/economy/rand-falls-as-rising-us-bond-yields-lift-dollar-2/

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