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USDZAR United States Dollar vs South African Rand

18.4341
0.0768 (0.42%)
Last Updated: 13:58:32
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
  0.0768 0.42% 18.4341 18.4285 18.4397 18.5299 18.39212 18.3565 0 13:58:32

South African Rand Hits 19-day High Versus Greenback

10/11/2009 7:49pm

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US Dollar vs ZAR (FX:USDZAR)
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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.

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