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The rand weakened below R16.60 per dollar from R16.36 the previous week, driven by a strong dollar, high oil prices and emerging-market currency pressure. The Brazilian real fell more than 7% over the week after Lula's election win.
Currency moves in Brazil and South Africa affect the cost of imported inputs and the competitiveness of their exports. The effect on feed commodity prices is indirect.
businesstech.co.zaMalcolm LiberaNov 2, 2026Not 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.
