# Rand edges lower as emerging markets wobble - Moneyweb

> 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.

- Date: 2017-08-24 · published 2017-08-24T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/69755-rand-edges-lower-as-emerging-markets-wobble-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

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.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/rand-edges-lower-as-emerging-markets-wobble/

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