# Rand retreats in cautious trade - Moneyweb

> The rand weakened to 13.1825 per dollar on Monday, giving back gains from the previous week as the dollar rebounded. Traders stayed cautious ahead of July inflation data and the Fed's annual symposium, while mining stocks rose on firmer industrial metal prices.

- Date: 2017-08-21 · published 2017-08-21T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/69757-rand-retreats-in-cautious-trade-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A weaker rand modestly raises the local cost of imported feed ingredients for South African buyers. The move is routine and has little effect on world grain prices.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/rand-retreats-in-cautious-trade/

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