USD/ZAR strengthened on Wednesday as stronger dollar offset better-than expected domestic inflation and retail sales data.
The South African rand is staging a comeback this week, paring back some of the recent losses that started in February. The USD/ZAR exchange rate dropped to 16.62, down modestly from this month's high ...
The South African rand, often seen as a bellwether for the emerging market currencies, has soared to the highest point since September last year. The USD/ZAR exchange rate has soared to a low of 17.14 ...
The US dollar continues to drive where we go in multiple markets. On Monday, it looks like risk appetite is a bit stronger.
USD/ZAR rose Wednesday as the rand weakened after U.S. inflation data for February met expectations, while markets stayed focused on the Middle East amid rising oil price concerns. Data from the U.S.
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