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The rand traded near R16.62 per US dollar as investors awaited South Africa's local government elections. The country's planned exclusion from the US AGOA trade programme added to uncertainty.
Investec's chief economist said the currency would stay driven by international developments.
Currency weakness raises the rand cost of imported feed ingredients for South African buyers. The story describes market sentiment and has little effect on global commodity supply.
southafricanlive.co.zaSA Live NewsNov 4, 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.
