At 6:25 am ET Wednesday, the South African rand fell to a 12-day low of 7.8018 against the U.S. dollar. If the rand weakens further, it may target around the 7.960 level. As of now, the rand is trading at 7.8022 against the dollar, compared to yesterday's close of 7.6872.

US Dollar vs ZAR (FX:USDZAR)
Forex Chart
From Jun 2024 to Jul 2024 Click Here for more US Dollar vs ZAR Charts.
US Dollar vs ZAR (FX:USDZAR)
Forex Chart
From Jul 2023 to Jul 2024 Click Here for more US Dollar vs ZAR Charts.