# Rand firms but risks remain; stocks also up - Moneyweb

> The rand firmed and stocks rose after S&P's downgrade sell-off, with bullion shares gaining on a weaker dollar. Traders said markets were hoping President Zuma would be forced from office, and the benchmark bond yield fell.

- Date: 2017-04-04 · published 2017-04-04T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/71801-rand-firms-but-risks-remain-stocks-also-up-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A firmer rand lowers the local cost of imported feed inputs, though the gain depends on political developments. Weakness in the dollar also supports the broader currency picture.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/rand-firms-but-risks-remain-stocks-also-up/

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