The USD/ZAR exchange rate has pulled back in the past few months and is hovering near its lowest level this year.
USD/ZAR slipped lower on Thursday as South African rand was propelled by investor optimism over the previous days budget review and a weaker U.S. currency on global markets. Financial markets ...
Tactically, UBS favours selling USD/ZAR upside over short tenors, reflecting the view that the pair is likely to remain ...
The USD/ZAR exchange rate has crashed in the past few months, moving from a high of 19.93 in April to the current 17.60. It has plunged to the lowest level since November last year. Here are the top ...
On Friday, 14 November, the rand was trading at R17.02 to the dollar, R22.37 to the pound and 19.81 to the euro. Oil was ...
“You have really had a new dawn for Africa, with the main tailwind being strong commodity prices” along with the fading of a series of defaults and devaluations since 2022, said James Johnstone, ...
(Bloomberg) -- South Africa’s government said there are no plans to create a so-called BRICS currency, after US President-elect Donald Trump threatened to impose 100% tariffs on members of the ...