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USD/ZAR (ZAR=X)

CCY - CCY Delayed Price. Currency in ZAR
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18.0176-0.1286 (-0.7089%)
As of 04:26AM BST. Market open.
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Previous Close18.1462
Open18.0757
Bid18.0161
Day's Range17.9974 - 18.1462
52 Week Range14.3514 - 18.2120
Ask18.0340
  • Reuters

    South African rand weakens against strong dollar

    South Africa's rand weakened in early trade on Thursday, as the U.S. dollar held near recent peaks after traders increased bets that the U.S. Federal Reserve will become even more aggressive next week in its battle to curb inflation. The U.S. dollar index, which measures the greenback against a basket of currencies, was up 0.255% at 109.88, not far off its two-decade peak of 110.79. Economists at ETM Analytics said in a research note that the Fed will likely remain extremely aggressive until data shows a few consecutive months of falling core inflation and signs of a loosening labour market.

  • MarketWatch

    A strong dollar is stirring trouble in markets: What investors need to know

    While a surging U.S. dollar has coincided with a sharp pullback for stocks, there might be light at the end of the tunnel.

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