USDZAR United States Dollar vs South African Rand

18.33119

-0.0733 (-0.40%)

Last Updated: 17:05:39

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
	-0.0733	-0.40%	18.33119	18.32674	18.33564	18.43312	18.27035	18.41472	0	17:05:39

South African Rand Rises To 2-week High Versus Greenback

31/03/2010 9:13pm

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US Dollar vs ZAR (FX:USDZAR)
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After trading sideways in early morning deals, the South African rand gained ground against its US counterpart during New York afternoon trading on Wednesday. At 1:05 pm ET, the rand jumped to a 2-week high of 7.2550 versus the greenback, which may be compared to Tuesday's North American session close of 7.3721. AS of now, the pair is worth 7.2827.

South Africa's trade deficit stood at ZAR 5.69 billion in February, widening from ZAR 3.3 billion deficit in the previous month, the South African Revenue Service said on Wednesday. A year ago, the trade deficit was ZAR 0.57 billion.

Exports increased 10.06% on a monthly basis to ZAR 40.26 billion in February, while imports climbed 14.96% to ZAR 45.95 billion.