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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.0484 | 0.27% | 18.2981 | 18.2831 | 18.3131 | 18.3025 | 18.24214 | 18.2546 | 0 | 07:08:07 |
The South African Rand drifted lower against the U.S. dollar in European deals on Thursday, as oil prices declined amid demand concerns and a global supply glut.
Global markets were hammered on worries about the impact of a British exit from the European Union on the global financial system, as well as lack of inaction by the central banks in the U.S., Japan and U.K. against the backdrop of slowing global growth.
The South African Rand declined to 15.47 against the greenback, its lowest since June 3, from an early session's high of 15.16. The South African Rand may locate support around the 16.00 zone. The pair finished yesterday's trading at 15.24.
1 Year US Dollar vs ZAR Chart |
1 Month US Dollar vs ZAR Chart |
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