# Rand breaks through R12 level against dollar - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

> The rand broke through R12 per dollar for the first time in about two and a half years, trading near R11.94 on Wednesday. The gain was attributed to a weak dollar and to positive South African government comments at Davos.

- Date: 2018-01-24 · published 2018-01-24T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/67273-rand-breaks-through-r12-level-against-dollar-sabc-news-breaking-news-special
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer rand lowers the local cost of imported feed ingredients for South African buyers. The move is driven mainly by the dollar's weakness, so the effect on global grain prices is limited.

## Read by commodity

- DXY: bearish ▼
- USDZAR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-06-25 | [Rand strengthens as dollar slides, stocks jump - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.](https://feedsoft.ai/events/41264-rand-strengthens-as-dollar-slides-stocks-jump-sabc-news-breaking-news-special.md) | +0.8% | +1.6% |
| DXY | 2022-06-28 | [South African rand gains as dollar dips - Markets - Business Recorder](https://feedsoft.ai/events/41263-south-african-rand-gains-as-dollar-dips-markets-business-recorder.md) | +2.0% | +2.2% |
| DXY | 2022-05-27 | [South African rand firms as dollar sinks to a month low - Markets - Business Recorder](https://feedsoft.ai/events/41694-south-african-rand-firms-as-dollar-sinks-to-a-month-low-markets-business.md) | -0.5% | +1.2% |
| DXY | 2025-09-29 | [South African Rand Forecast: USD/ZAR Continues Lower Amid Gold Rally and Soft Dollar - Forex News by FX Leaders](https://feedsoft.ai/events/23178-south-african-rand-forecast-usd-zar-continues-lower-amid-gold-rally-and-soft.md) | -0.3% | +0.3% |
| DXY | 2026-09-01 | [South African Rand Gains Below 16 Per Dollar, Cuts War Loss](https://feedsoft.ai/events/18188-south-african-rand-gains-below-16-per-dollar-cuts-war-loss.md) | -0.6% | +2.1% |

## Sources

- sabcnews.com: https://www.sabcnews.com/sabcnews/rand-breaks-12-rand-level-dollar/

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