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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.1105 | -0.60% | 18.2457 | 18.2432 | 18.2482 | 18.33143 | 18.2315 | 18.35555 | 0 | 09:06:13 |
The South African rand gained ground against the US dollar in New York deals after touching previous session's 4-week low of 8.2080 on Wednesday. The rand climbed to 8.0350 versus the greenback by about 1:15 pm ET, compared to Tuesday's North American session close of 8.0500. Currently, the pair is trading near 8.0738.
Today, the Statistics South Africa announce that the retail sales at constant prices decreased 6.7% year-over-year in June, compared with a 4.4% fall in May, revised from 4.2% decline reported initially. Economists had expected a decline of 4.5%.
In second quarter, retail sales decreased 6% compared to the previous year.
1 Year US Dollar vs ZAR Chart |
1 Month US Dollar vs ZAR Chart |
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