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The rand weakened against the dollar early on Wednesday as investors worried about global growth ahead of Fed Chair Powell's congressional testimony. The rand traded at 16.0050 per dollar and the dollar index rose 0.34% to 104.79.
Markets were also awaiting May South African CPI, expected to rise to 6.2%.
A weaker rand raises the local cost of imported feed ingredients, while a stronger dollar tends to pressure dollar-denominated commodity prices. Pricing effects are limited to currency moves.
brecorder.comReuters2022年6月22日历史可比事件尚不足，暂无法给出历史解读。
在过去 2,356 次看涨的宏观事件之后，美元(广义) 在 5 个交易日内中位数变动 +0.2%（60% 上涨；中间一半区间为 -0.3% 至 +0.7%），20 个交易日内为 +0.4%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
