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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.11 | -0.60% | 18.2945 | 18.1807 | 18.4083 | 18.45714 | 18.23056 | 18.41472 | 0 | 23:09:36 |
Tuesday, the rand stabilized after hitting a fresh multi-week low against its US counterpart following the South African central bank's decision to keep its key interest rate unchanged at 7% for the fourth consecutive meeting, as expected.
The South African rand is presently quoted at 7.6275 against the greenback, compared to a fresh multi-week low of 7.6708 hit in the early European session. The greenback-rand pair was worth 7.5717 at Monday's close.
1 Year US Dollar vs ZAR Chart |
1 Month US Dollar vs ZAR Chart |
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