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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.034 | -0.18% | 18.3705 | 18.3555 | 18.3855 | 18.43312 | 18.27035 | 18.41472 | 0 | 21:04:34 |
After a slight drop in early morning deals, the South African currency edged up against the US dollar in New York afternoon trading on Thursday. At 2:35 pm ET, the rand climbed to a 2-day high of 7.6372 versus the greenback from early low of 7.7400. The pair closed yesterday's New York session at 7.7459.
South African manufacturing output grew 3.2% in December from the prior year, reversing a revised 4.6% decline in November, Statistics South Africa announced Thursday. Economists were looking for an annual fall of 0.5%.
Factory output rose by a seasonally adjusted 3% in December, while the expected growth was just 0.1%. During October to December, output volume was down 4.3% from the last year.
1 Year US Dollar vs ZAR Chart |
1 Month US Dollar vs ZAR Chart |
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