South African Rand (ZAR)

QUOTE AND NEWS
Wall Street Journal  Feb 15  Comment 
South Africa’s rand has already performed strongly this year, while President Jacob Zuma’s departure may help keep the country’s bonds in an elite club that investors all but have to own.
Forex News  Feb 13  Comment 
The South African rand gained on the US dollar today after news broke out that President Jacob Zuma, who was in power since 2009, may lose his post. Zuma has lost leadership of the ruling African National Congress party back in December....
Clusterstock  Jan 26  Comment 
Dave Lutz, head of ETFs at JonesTrading, has an overview of today's markets. The US stock market is trading higher as Trump addresses Davos. The South African rand is trading at three and a half year highs. WTI oil is maintaining its...
Forex News  Jan 24  Comment 
Today, the South African rand reached the 12 per dollar level for the first time since May 2015. That happened thanks to the growing optimism about the future of the country’s economy as well as due to the general risk-positive...
MarketWatch  Jan 3  Comment 
Cape Town, one of South Africa’s biggest cities known for its dramatic coastline, is about to run out of water. Taps could be turned off in April given current consumption. Still investors aren’t too worried thanks to buoyant sentiment in...
Forex News  Dec 18  Comment 
The South African rand gained against the US dollar today ahead of the results of voting for the country’s ruling party leadership. The ruling African National Congress party was voting for a new leader to replace President Jacob...
MarketWatch  Dec 15  Comment 
South Africa’s ruling party, the African National Congress, is due to pick new leadership this weekend in a choice that could determine the future path of South African assets, including the rand.




 

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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