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Trends & Analysis
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Trends & Analysis
News

Crude oil dips for 3rd session after supply data

News

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News

GBP/USD recovers following wage report

News

Buy the JPMorgan dip?

News

Goldman Sachs shares surge after earnings beat

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USD/ZAR price chart, background, and sentiment

Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.

USD/ZAR is an exotic currency pair that represents the exchange rate between the US dollar (USD) and the South African rand (ZAR), and the currency pair serves as a key reference point for gauging the relative strength of the US and South Africa’s economies. Traders and investors analyse the USD/ZAR exchange rate to make informed decisions in the forex market, which is characterised by its moderate liquidity and high volatility. The ZAR is considered a commodity-backed currency.

USD/ZAR Price Today

Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.

The United States and South Africa have a multifaceted economic relationship, encompassing trade, investment, and diplomatic ties. The US is one of South Africa’s main trading partners, exporting machinery, aircraft, and medical equipment. South Africa is a significant producer of minerals including gold, coal, and manganese, of which the US imports a substantial amount. The US is a key source of Foreign Direct Investment (FDI) in South Africa, with US companies investing in sectors such as manufacturing, telecommunications, and finance.

The USD/ZAR exchange rate is influenced by factors including interest rate differentials, economic data releases, geopolitical events, and central bank policies.

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