The USD/ZAR exchange rate has pulled back since November on the back of a relatively weak US dollar. After rising to a year high of 18.60, the South African rand has jumped to 17. So, what next for th...
Tag: USDZAR
USD/ZAR exchange rate forecast ahead of SARB decision
The USD/ZAR exchange rate dropped to the lowest level since September 1 as the US dollar recoiled. It dropped to a low of 17 even after worrying South African consumer inflation data. Rand has jumped ...
USD/ZAR forecast: rand at risk amid South Africa power outages
The USD/ZAR price soared to a record high on Monday as investors braced for more weakness of the South African economy. The pair surged to a high of 17.76, which was about 23% above the lowest level t...
USD/ZAR forecast as the South African rand makes a comeback
The USD/ZAR price dropped to the lowest point since June 29th as the market focused on the relatively weak US consumer inflation data. The pair dropped to a low of 16.12, which was about 6.50% below t...
USD/ZAR prediction ahead of the SARB interest rate decision
The USD/ZAR price is loitering near its highest level since 2020 ahead of the upcoming rate decision by the South Africa Reserve Bank (SARB). It has risen in the past four straight weeks and is tradin...
USD/ZAR: South African rand steady ahead of SARB decision
The South African rand has continued to strengthen in the past few months. The USD/ZAR crashed to the lowest level since October as commodity prices rose. It is trading at 14.76, which is about 9.87% ...
USD/ZAR forecast ahead of the South Africa inflation data
The USD/ZAR price has been in a bearish trend in the past few weeks as investors focus on the Ukrainian crisis. The pair is trading at 15.11, which is about 7.7% below the highest level in December la...