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 ...

USD/ZAR strengthened on Wednesday as stronger dollar offset better-than expected domestic inflation and retail sales data.

The US dollar continues to drive where we go in multiple markets. On Monday, it looks like risk appetite is a bit stronger.

The USD/ZAR edged higher on Tuesday as market participants monitored the intensifying conflict in the Middle East and awaited the U.S. Federal Reserves upcoming policy decision. International oil ...

The USD/ZAR rebounded this week, reaching its highest level since December last year as the South African rand retreated amid the ongoing war in Iran. It was trading at 16.60 on Friday, up 6.45% from ...

The USD/ZAR is near the 17.35500 realm as of this early morning with a wide spread being seen as financial institutions start their new week in the aftermath of the U.S Fed decision last Wednesday.

The USD/ZAR appears set to enter the month of July traversing within the lower elements of its mid-term range, this as it straddles a value realm seen in the second week of December 2024. The USD/ZAR ...

Commerzbank’s Volkmar Baur highlights that the South African Rand has been one of the clear losers from the Iran conflict, hurt by weaker precious metals exports and higher imported energy costs.

ING’s Chris Turner explains that previously popular long South African Rand positions are being unwound as low inflation comes under pressure, volatility rises and precious metals lose momentum.

South Africa’s rand was steady early on Wednesday as investors watched developments in the Middle East and awaited two key U.S. inflation reports for signals on ...