# Rand, government bonds tumble as political risks weigh - Moneyweb

> The rand and South African government bonds extended losses after President Zuma asked Finance Minister Gordhan to cut short an investor roadshow, fueling speculation of a cabinet reshuffle. The rand traded about 2% weaker against the dollar early on March 28.

- Date: 2017-03-28 · published 2017-03-28T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/72270-rand-government-bonds-tumble-as-political-risks-weigh-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A weaker rand on political speculation makes South African currency movements volatile, a modest factor for feed ingredient import costs.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news/markets/rand-government-bonds-tumble-as-political-risks-weigh/

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