# Rand, bonds, bank stocks roiled as Gordhan recalled from roadshow - Moneyweb

> The rand fell as much as 2.6% against the dollar on March 27 after Finance Minister Gordhan was recalled from an investor roadshow, sparking talk of an imminent cabinet reshuffle. Bank shares fell over 3% and the 2026 bond yield rose about 34 basis points.

- Date: 2017-03-27 · published 2017-03-27T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/72276-rand-bonds-bank-stocks-roiled-as-gordhan-recalled-from-roadshow-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Political speculation driving rand and bond moves adds currency volatility for South African buyers, with little direct effect on global feed commodity prices.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/rand-bonds-bank-stocks-roiled-as-gordhan-recalled-from-roadshow/

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