South African Rand (ZAR)

QUOTE AND NEWS
Financial Times  Aug 8  Comment 
Dollar rallies after jobs market data while South African rand sinks
Forex News  Jul 21  Comment 
The South African rand rallied today despite yesterday’s surprise interest rate cut from the nation’s central bank. The South African Reserve Bank reduced its main interest rate by 25 basis points to 6.75% yesterday. It was the first cut...
Financial Times  Jun 19  Comment 
A report from anti-corruption watchdog raises fears controlling inflation could no longer be a priority
Forex News  May 29  Comment 
The South African rand fell against the US dollar today after President Jacob Zuma resisted calls to step down, supported by his party. Pressure was growing on Zuma to step down, even from withing his ruling African National Congress party,...
Financial Times  May 13  Comment 
Investors need thick skins, acute awareness of risk and a good knowledge of the politics of the ruling ANC




 

The South African Rand is the currency used in South Africa, Nambia, Swaziland, and Lesotho.

The chart at left shows the USD/ZAR currency pair; the number of South African Ran equivalent to 1 U.S. Dollar (USD).

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