# These are the 5 big risks that may derail the rand – BusinessTech

> The rand has rebounded about 20% from a one-year low and traded stronger than R12 per dollar for the first time since May 2015. Analysts link the rally to Ramaphosa's leadership of the ANC, a weaker greenback, and hopes that South Africa can avoid a credit-rating downgrade.

- Date: 2018-01-25 · published 2018-01-25T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/67276-these-are-the-5-big-risks-that-may-derail-the-rand-businesstech
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A stronger rand reduces the local-currency cost of imported feed inputs in South Africa, but the story centers on domestic politics and dollar weakness rather than global feed supply. Its effect on world grain prices is minimal.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- businesstech.co.za: https://businesstech.co.za/news/banking/221113/these-are-the-5-big-risks-that-may-derail-the-rand/

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