# Africa: Mixed month for markets, but rand suffers | Capital Economics

> Capital Economics says the rand's recent rally has ended, with the currency weakening against the dollar by more than other emerging-market peers this month. It expects the rand to keep falling later in the year.

- Date: 2018-04-27 · published 2018-04-27T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/65804-africa-mixed-month-for-markets-but-rand-suffers-capital-economics
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A forecast of continued rand weakness raises the local-currency cost of imported feed inputs for South African buyers, though the effect on global commodity prices is minor.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- capitaleconomics.com: https://www.capitaleconomics.com/clients/publications/africa-economics/africa-markets-monitor/africa-mixed-month-for-markets-but-rand-suffers

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