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The rand fell to 13.1700 per dollar as emerging market currencies gave back recent gains after US President Donald Trump questioned the future of NAFTA. Government bonds rose and South African headline inflation slowed to 4.6% in July.
Emerging-market risk aversion and NAFTA uncertainty push the rand weaker, raising the local cost of imported feed ingredients. Broader grain price effects are limited.
moneyweb.co.zaReutersAug 24, 2017Not 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.
