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Analysts expect the rand to struggle to break below R11.80 per dollar, after it opened slightly weaker above R11.90. The currency's moves were tied to a small dollar uptick and caution ahead of Eskom's financial results.
Rand moves affect the local-currency cost of imported feed for South African buyers, but this routine currency commentary does not change global feed supply or demand.
cnbcafrica.comJan 29, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
