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The rand was one of several emerging-market currencies that weakened against the dollar on Friday as US bond yields rose and oil prices increased. USD/ZAR was up 0.14% on the day and 0.46% for the week, staying near the 14.50 level.
Analysts said a vaccine rollout and improving tax revenue could support further gains for the rand.
Higher oil prices raise South African inflation and can pressure the rand, which feeds into local import costs for feed. The direct impact on global feed commodity prices is limited.
poundsterlinglive.comJames Skinner19 de fev. de 2021Após 487 eventos altista de macro passados, Petróleo (WTI) subiu em mediana +1,0% em 5 sessões (60% de alta; metade central de -2,0% a +4,0%), e +1,5% em 20.
Variações do benchmark de cada commodity desde o último fechamento antes do evento. As leituras históricas agregam eventos passados do mesmo tipo; descrevem o que aconteceu, não o que vai acontecer. Não é recomendação de investimento.
