# Rand slips, stocks dragged lower by Barclays - Moneyweb

> South Africa's rand weakened 0.4% to 13.1875 per dollar on Wednesday after a smaller-than-expected trade surplus failed to offset political uncertainty. Top-40 stocks fell 1.14%, with Barclays Africa down after approval to sell its stake in the local unit.

- Date: 2017-05-31 · published 2017-05-31T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/71284-rand-slips-stocks-dragged-lower-by-barclays-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Rand weakness raises the local-currency cost of imported feed inputs for South African buyers, while political risk keeps currency volatility elevated.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/rand-slips-stocks-dragged-lower-by-barclays/

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