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The rand held steady near 13.2400 per dollar on Friday as concerns about US political risk and a deadly terror attack in Barcelona halted gains in risk assets. Government bonds weakened and the JSE Top-40 index was flat.
A flat rand leaves South African feed import costs largely unchanged in the near term. The move is routine and does not affect global grain prices.
moneyweb.co.zaTJ Strydom, ReutersAug 18, 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.
