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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.0763 | 0.42% | 18.4336 | 18.4279 | 18.4393 | 18.5299 | 18.39212 | 18.3565 | 0 | 13:59:40 |
The South African rand traded lower against its US counterpart in New York deals on Thursday. The rand slipped to a 3-day low of 7.4889 versus the greenback by about 3:35 pm ET, compared to 7.3637 hit late New York Wednesday.
Today, a report by Statistics South Africa said the mining output dropped 15.9% year-on-year in September, faster than a 8.4% fall in the previous month. This was the second consecutive month of fall.
Seasonally adjusted, mining output slipped 6.2% in September. In the quarter ended September, mining output dropped 7.5%, while in the first nine months of the year, output was down 7.7%.
1 Year US Dollar vs ZAR Chart |
1 Month US Dollar vs ZAR Chart |
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