The US dollar extended its previous session downward trading against the South African rand in New York trading on Monday. Currently, the greenback is trading near a 12-day low of 7.3150 versus the rand, which may be compared to previous week's close of 7.4345. The dollar has been in a downward channel against the rand for the past 1 week.

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.