USD/ZAR Falls Amid Rally in Emerging Market Currencies, Easing South Africa Inflation
The South African rand broke below 15.00 against the US dollar in the middle of the week, driven by investors pouring into emerging market currencies….
Posts Tagged: USD/ZAR
USD/ZAR Falls Amid Higher Inflation, Bearish Outlook on Deadly Riots
The South African rand has is trying turn things around in the middle of the trading week after notable hemorrhaging over the last month amid…
USD/ZAR Breaks Below 15.00 on Investor Confidence for EM Currencies
The South African rand strengthened against its US peer on Thursday as investor appetite for riskier assets intensified. The rand, which has surged over the…
USD/ZAR Falls Amid Higher Inflation, Sliding Retail Sales
The South African rand strengthened against its US peer in the middle of the trading week as inflation and retail sales data came into focus….
USD/ZAR Breaks Below 15.00 As New Coronavirus Variant Weighs on South Africa
The South African rand strengthened against its US peer on Tuesday as investors became more bullish on emerging market currencies. But disappointing domestic economic data…
South African Rand Stalls on Falling Manufacturing, Gold Output
The South African rand hit the pause button on this week’s rally on Thursday after posting disappointing economic data. The rand, which had been one…
South African Rand Firms As Short-Term Relief Drives Currency
The South African rand finished the trading week stronger against the US dollar as investor confidence in the United States Congress passing another trillion-dollar stimulus…
South African Rand Rallies to 11-Week High After Hitting Rock Bottom
The South African rand has shot up to its best level in nearly three months after hitting rock bottom in May. Like other emerging market…