# Rand bears keep rushing for the exits even as rate cut looms - Moneyweb

> Bearish bets against the rand reached their lowest level since before the 2008 financial crisis ahead of an expected SARB rate cut. South Africa offers the highest yield among investment-rated emerging-market countries.

- Date: 2018-03-27 · published 2018-03-27T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/66283-rand-bears-keep-rushing-for-the-exits-even-as-rate-cut-looms-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Sustained rand strength reflects foreign bond inflows rather than trade flows, so its effect on South African feed costs is modest and mainly currency-driven.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news/economy/rand-bears-keep-rushing-for-the-exits-even-as-rate-cut-looms/

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