# SA – back in the emerging market fold – ZA Economist

> An economic commentary says South Africa has rejoined the emerging-market group, with the JSE and the South African component of the EM index gaining over 40% in dollar terms since January 2017. The rand is about 4% stronger than a basket of emerging-market peers, helped by a weaker US dollar.

- Date: 2018-01-30 · published 2018-01-30T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/67278-sa-back-in-the-emerging-market-fold-za-economist
- 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 weaker dollar and stronger emerging-market currencies lower dollar-denominated import costs for emerging-market feed buyers. The commentary points toward possible South African rate cuts but has no direct effect on feed commodity prices.

## Read by commodity

- DXY: bearish ▼
- USDZAR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-08-27 | [The Commodities Feed: USD holds the market back \| snaps \| ING THINK](https://feedsoft.ai/events/45481-the-commodities-feed-usd-holds-the-market-back-snaps-ing-think.md) | -0.9% | -0.0% |
| DXY | 2018-03-04 | [Currency markets send a warning on the US economy](https://feedsoft.ai/events/66191-currency-markets-send-a-warning-on-the-us-economy.md) | -0.6% | -0.8% |
| DXY | 2023-01-31 | [EMERGING MARKETS-Latam FX heads for best month since May \| Kitco News](https://feedsoft.ai/events/38075-emerging-markets-latam-fx-heads-for-best-month-since-may-kitco-news.md) | +1.4% | +2.1% |
| DXY | 2024-09-20 | [US Fed rate cuts: What does this mean for gold, equities, and emerging markets? \| Julius Baer](https://feedsoft.ai/events/28221-us-fed-rate-cuts-what-does-this-mean-for-gold-equities-and-emerging-markets.md) | -0.2% | +2.2% |
| DXY | 2020-08-31 | [Market economists tip Australian currency to hit US80¢](https://feedsoft.ai/events/51891-market-economists-tip-australian-currency-to-hit-us80.md) | +0.1% | +1.4% |

## Sources

- zaeconomist.com: https://www.zaeconomist.com/emerging-markets/sa-back-in-the-emerging-market-fold/

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