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The rand weakened more than 1 percent early Monday amid fresh risk aversion over rumours of a cabinet reshuffle. The rand had also weakened on Friday after media reports that President Zuma was considering firing ministers.
Political risk driving rand weakness raises South African import costs but does not materially move global feed commodity prices.
Not 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.