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The rand weakened on Friday after a stronger dollar and media reports that Zuma planned to fire ministers who opposed him. South African stocks closed lower, led by financial shares.
Political turmoil weakens the rand and dents local asset prices, a domestic currency effect with little bearing on global feed supply or demand.
cnbcafrica.comJan 27, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
