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USDZAR United States Dollar vs South African Rand

18.16815
0.0011 (0.01%)
Last Updated: 00:27:59
Delayed by 15 minutes
Name Symbol Market Type
United States Dollar vs South African Rand FX:USDZAR Forex Exchange Rate
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.0011 0.01% 18.16815 18.15573 18.18057 18.29445 18.1079 18.1676 0 00:27:59

South African Rand At 3-week Low Vs Dollar On Nene's Resignation Request

08/10/2018 8:39am

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US Dollar vs ZAR (FX:USDZAR)
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The South African Rand traded lower against the U.S. dollar in the European session on Monday, after South African Finance minister Nhlanhla Nene has approached President Cyril Ramaphosa to fire him amid growing calls for resignation.

Nhlanhla Nene's request came after intense pressure from political parties over his testimony at the commission of inquiry into state capture, where he admitted visiting the home of the Gupta brothers, friends of scandal-plagued former leader Jacob Zuma.

The South African Rand weakened to 14.9833 against the U.S. dollar, its lowest since September 17. The pair had ended last week's trading at 14.7643. The next possible downside target for the South African currency is seen around the 16.00 region.

1 Year US Dollar vs ZAR Chart

1 Year US Dollar vs ZAR Chart

1 Month US Dollar vs ZAR Chart

1 Month US Dollar vs ZAR Chart

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