In this section, you will find important USDZAR news, actionable trading ideas, and a live USDZAR chart to help you understand how the South African Rand trades vs. the US Dollar.
USDZAR is the ticker symbol in fx markets that represents how many South African Rands you can buy with one US dollar. South African Rand is the legal tender of the Common Monetary Area which includes South Africa, Swaziland, Lesotho, and Namibia. The factors that affect USDZAR are the interest rates, the GDP growth, inflation, unemployment rates, balance of payments and other macroeconomic figures. The US Federal Reserve Bank and South African Central Bank are the two institutions that USDZAR traders follow in order to get an idea about the future moves of the pair.
Live USDZAR Chart
USDZAR News
The USDZAR pair continued its descent as the South African rand momentum continued to fall. The pair is now trading at 17.0160, which is the lowest it has been since March 18. Let us look at the main reasons why the rand has been in a strong upward momentum. South [...]
The USDZAR pair rose slightly today as the South African rand rally hit a breather. The pair is trading at 17.4471, which is slightly above the yesterday’s low of 17.2876. South Africa PPI heads lower The South African rand declined slightly today as investors reacted to the weak Producer Price [...]
The USDZAR pair declined by more than 1.10% as the overall US dollar weakness continued even in the emerging markets. The South African rand is trading at its highest level against the US dollar in eight weeks. US dollar weakness The US dollar has been weak all day as investors [...]
The USDZAR was little changed as the South African rand remained steady against the USD. The pair is trading at 17.6100, which is close to its two-month low of 17.5050. South Africa reopens further The strength of the South African rand came a day after President Cyril Ramaphosa announced a [...]
The USDZAR pair dropped slightly mostly because of the overall weakness of the US dollar. The dollar index, which measures the performance of the USD against a basket of currencies declined by more than 20 basis points.
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The USDZAR pair rose slightly as doubts started to creep back on South Africa’s reopening plans. The pair is trading at 18.50, which is slightly higher than this month’s low of 18.15. USDZAR rises as South Africa starts to reopen The South African government announced that it was starting to [...]
The USDZAR pair declined slightly as the market remained optimistic that the worst was over for the South African rand. The market is also optimistic that the current reopening will lead to more demand for the rand. South African rand bottoms The USDZAR pair rose to a record high of [...]
The USD/ZAR pair declined slightly as hopes rose that South Africa will reopen its economy soon. The pair declined even as the US dollar index rose by more than 30 basis points. South Africa starts to reopen There are hopes in the financial market that South Africa is opening up...
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The USD/ZAR pair declined slightly as the market shrugged-off the latest South African rate downgrade by S&P Global. As it dropped, the pair accelerated the losses started last week when it reached a decade high of 19.3445.
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The USDZAR pair rose by more than 2.50% after the South African government ended its funding to the national airline. The decision is the last nail in the coffin for the country’s troubled carrier. South African Airlines, the 86-year old carrier has been in trouble in the past few years. [...]
