The USDZAR movement refers to the changes in the exchange rate between the US Dollar (USD) and the South African Rand (ZAR). It indicates how many South African Rands are needed to buy one US Dollar. The movement is influenced by factors such as interest rates, economic data, political stability, and global market trends. A stronger USDZAR rate means the Rand is weaker relative to the Dollar, and vice versa. This movement is closely watched by traders, investors, and businesses involved in international trade with South Africa. #XpensiveTraderSA
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.