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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.0768 | 0.42% | 18.4341 | 18.4285 | 18.4397 | 18.5299 | 18.39212 | 18.3565 | 0 | 13:58:32 |
Against its US counterpart, the South African rand traded higher during New York deals on Tuesday. At about 10:30 am ET, the rand climbed to 7.3726 versus the greenback, which may be compared to yesterday's closing value of 7.4313. This set a 19-day high for the South African currency. Currently, the pair is at 7.3938. The rand has been in an upward channel against the greenback for the past 8 days.
Today, a report by Statistics South Africa said the volume of manufacturing output fell 11.4% year-on-year in September, slower than a 15.2% drop in the previous month. Economists expected a 13.1% decline. Output has been falling continuously since October last year.
1 Year US Dollar vs ZAR Chart |
1 Month US Dollar vs ZAR Chart |
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