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USDZAR United States Dollar vs South African Rand

18.3255
-0.079 (-0.43%)
Last Updated: 23:10:38
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
  -0.079 -0.43% 18.3255 18.3105 18.3405 18.45714 18.23056 18.413 0 23:10:38

South African Rand Declines To 4-week Low Versus Dollar

20/01/2010 7:48pm

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US Dollar vs ZAR (FX:USDZAR)
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The South African rand declined further against the US dollar in New York trading and touched a 4-week low of 7.5781 at about 10:30 am ET Wednesday. The greenback-rand pair that closed yesterday's New York session at 7.4025, is now trading near 7.5363.

Retail sales in South Africa dropped 6.6% year-on-year at constant prices in November, accelerating from the 6.1% decline in the preceding month, Statistics South Africa reported on Wednesday. Economists had expected sales to decline 5%.

Sales edged down 0.1% in the three months to November period compared to the preceding three month period, the statistical office said.

In the first eleven months of the year, retail sales were down 11.2% compared to the corresponding period of the previous year.

Separately, the statistical office announced that wholesale trade sales fell a seasonally adjusted 1% month-on-month in November.

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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