The ZAR Exchange Rate Thread

[reactor_sa]

https://m.fin24.com/Markets/Currencies/rand-skids-to-over-r12-as-trade-war-intensifies-20180406

If it's not black Zuma, it's white Zuma... The world is doomed.

 

[biometrics]

Just hodl guys.

 

[genetic]

If it's not black Zuma, it's white Zuma... The world is doomed.

The uneducated seem to forget that the ZAR is influenced by international movements too, not just domestic fluctuations.

Rand dips, they immediately cry ANC or Zuma.

 

[HavocXphere]

The uneducated seem to forget that the ZAR is influenced by international movements too, not just domestic fluctuations.

Rand dips, they immediately cry ANC or Zuma.

Whatever it is - it's ZA side not international:

 

[saturnz]

Whatever it is - it's ZA side not international:

could still be the interest rate inertia

 

[reactor_sa]

The uneducated seem to forget that the ZAR is influenced by international movements too, not just domestic fluctuations.

Rand dips, they immediately cry ANC or Zuma.

Or Trump (aka white Zuma)

 

[SaiyanZ]

The Rand is now R12.15 to the dollar. Going up by the second it seems.

https://za.investing.com/currencies/usd-zar-chart

 

[Thor]

Please give us sub 10

 

[Saba'a]

Please give us sub 10

Yes please

 

[cerebus]

What's up with the ZAR this morning?

 

[Pitbull]

What's up with the ZAR this morning?

Think it's got more to do with the Strong Dollar and the Oil Price surging. Rand is stable from what I can see.

 

[JayM]

Think it's got more to do with the Strong Dollar and the Oil Price surging. Rand is stable from what I can see.

Down ~0.8% against GBP/EUR vs 1.1% USD. So more rand weakness than dollar strength.

 

[genetic]

Down ~0.8% against GBP/EUR vs 1.1% USD. So more rand weakness than dollar strength.

Dollar strength.

The rand weakened significantly in morning trade against a firmer dollar on Monday, thanks to an uptick in US capital market yields.

https://businesstech.co.za/news/finance/239917/rand-takes-a-hit-against-the-dollar/

 

[Pitbull]

Down ~0.8% against GBP/EUR vs 1.1% USD. So more rand weakness than dollar strength.

Nope, Dollar Strength. The others follow with regards to the strength of the Dollar.

 

[JayM]

Dollar strength.



https://businesstech.co.za/news/finance/239917/rand-takes-a-hit-against-the-dollar/

Relative to major currencies, ZAR weakened more than the USD strengthened. You can easily see this if you look at the graphs for the various currency pairs on xe.com.

 

[Garson007]

What's up with the ZAR this morning?

USD 10-year treasury note (almost) hitting 3%.

 

[Nardeth]

Just checked today on XE Currency 1 Euro is R14.99

 

[HavocXphere]

Since I had this open anyway...eur/gbp/usd vs zar

Anyone know what cause the jump midday 23rd?

 

[FlashSA]

1 US Dollar equals
12,43 South African Rand

Still weakening. Approaching R1 lost this month alone

 

[HavocXphere]

Seems to have peaked for now