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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.0489 | -0.27% | 18.35557 | 18.3264 | 18.38473 | 18.45714 | 18.23056 | 18.413 | 0 | 23:05:32 |
The US currency ticked up against the South African rand during New York trading after touching a 6-day low of 7.5364 in European deals on Thursday. At 12:50 pm ET, the greenback climbed to 7.6438 versus the rand, which may be compared to yesterday's New York session close of 7.5953. As of now, the pair is worth 7.6011.
Thursday, the Statistics South Africa announced that the producer price index or PPI rose 0.7% year-on-year in December, compared to the 1.2% fall in the previous month. Economists expected an increase of 0.4%. A year ago, the PPI was up 11%.
On a monthly basis, the PPI climbed 0.7% in December, faster than the 0.4% increase expected by economists.
1 Year US Dollar vs ZAR Chart |
1 Month US Dollar vs ZAR Chart |
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