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The rand was little changed at 16.4150 per US dollar as investors awaited South Africa’s mid-term budget statement and September inflation and retail-sales data. Economists expected annual inflation to rise to 4.7%, while retail-sales growth was forecast to slow; the 2035 government bond yield was steady at 8.735%.
The rand’s stability leaves import-cost pressure broadly unchanged for South African feed buyers, while upcoming fiscal and economic data could shift the currency and local 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.