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USDZAR United States Dollar vs South African Rand

19.02295
0.0893 (0.47%)
Last Updated: 11:03:30
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
  0.0893 0.47% 19.02295 19.0192 19.0267 19.10541 18.90702 18.93345 0 11:03:30

South African Rand Trades At Near 2-month Low Vs Dollar After Gordhan's Removal

31/03/2017 5:48am

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US Dollar vs ZAR (FX:USDZAR)
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The South African Rand traded lower against the U.S. dollar in the early European session on Friday, after the nation's President Jacob Zuma removed finance minister Pravin Gordhan in a cabinet reshuffle, raising fears of a split in the ruling African National Congress.

Gordhan was replaced with Malusi Gigaba, who was serving as the home affairs minister.

The Rand has been falling since Monday, when Zuma ordered Gordhan to return home from a trade trip to Britain.

The South African Rand fell to near a 2-month low of 13.62 against the U.S. dollar, and held steady thereafter. The pair ended Thursday's trading at 13.29.

1 Year US Dollar vs ZAR Chart

1 Year US Dollar vs ZAR Chart

1 Month US Dollar vs ZAR Chart

1 Month US Dollar vs ZAR Chart

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