
Angola's kwanza has been added to the SADC Real-Time Gross Settlement system, which lets transactions settle directly in kwanza. The South African Reserve Bank and Banco Nacional de Angola announced the move.
The article describes plans to extend the system into a multi-currency settlement network that could later include the pula.
Settling regional trade in local currencies reduces conversion costs for Southern African importers, but it has no clear direct effect on feed or agricultural 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.