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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.0052 | 0.03% | 18.4097 | 18.3947 | 18.4247 | 18.41745 | 18.39 | 18.41472 | 0 | 05:13:01 |
The US dollar traded lower further against the South African rand during New York afternoon deals on Wednesday. The greenback slipped to a 2-day low of 7.2150 versus the rand at around 1:45 pm ET from previous session's high of 7.2963.
South Africa's manufacturing output increased at slower pace in July.
Manufacturing production increased 7.5% on an annual basis in July, but slower than a 9.3% growth in the previous month, a report by the Statistics South Africa showed today. Production increased for the eighth successive month. Economists' had expected an increase of 6%.
On a seasonally adjusted basis, the physical volume of manufacturing production index rose 0.7% month-on-month in July, compared to a 0.4% rise expected by economists'. In the May to July period, manufacturing output increased 1.5% compared to the previous three months.
1 Year US Dollar vs ZAR Chart |
1 Month US Dollar vs ZAR Chart |
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