# There’s more to a stronger rand than government will admit

> Economists say the rand's recent strength reflects a global search for yield and emerging-market sentiment rather than South African policy. Portfolio flows into local bonds have been strong this year, while equities have seen outflows.

- Date: 2017-04-28 · published 2017-04-28T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/71797-there-s-more-to-a-stronger-rand-than-government-will-admit
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Currency strength driven by global flows can reverse quickly, so it offers limited support to local feed input costs. It does not reflect improved domestic fundamentals.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- mg.co.za: https://mg.co.za/business/2017-04-28-there-s-more-to-a-stronger-rand-than-government-will-admit/

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