# Rand weakens ahead of inflation results

> The rand weakened to 13.2112 per dollar as traders held positions ahead of South African consumer price data and the US Federal Reserve's Jackson Hole conference. Shoprite rose after beating estimates, and the JSE indices gained.

- Date: 2017-08-27 · published 2017-08-27T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/69756-rand-weakens-ahead-of-inflation-results
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Pre-data caution leaves the rand softer, which slightly increases the local cost of imported feed. The move is routine and has little effect on global feed prices.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- cbn.co.za: https://cbn.co.za/industry-news/rand-weakens-ahead-of-inflation-results/

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