# SA Rand Exchange Rates Supported By Yields, But Vulnerable To Risk-off | Exchange Rates UK

> The rand has been among the world's top-performing currencies in recent weeks, supported by high real yields after the feared Moody's downgrade did not occur. Analysts say the currency is overbought and exposed to reversal, with high oil prices a risk to inflation.

- Date: 2017-12-29 · published 2017-12-29T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/67762-sa-rand-exchange-rates-supported-by-yields-but-vulnerable-to-risk-off-exchange
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

An overbought rand that is vulnerable to reversal could weaken and raise South African import costs. The effect on global feed commodity prices is small.

## Read by commodity

- USDZAR: neutral

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/20078/zar-sa-rand-exchange-rates-vulnerable-to-risk-off.html

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