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ZAR

$--
--%
1d
1w
1m

Analysis and statistics

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  • 52 Week Change
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  • Dividend Per Share
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About

ZAR.FOREX isn't a standard, formally defined financial product symbol. It most likely refers to the South African Rand (ZAR) in the context of the foreign exchange (FOREX) market. The ".FOREX" suffix is likely an informal or proprietary designation used by a specific data provider, trading platform, or financial institution to denote data or trading related to the ZAR currency pair, most often meaning its exchange rate versus another currency like USD/ZAR.
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Factors

Interest Rates: Higher interest rates generally attract foreign investment, increasing demand for the ZAR.

Commodity Prices: South Africa is a major exporter of commodities; higher commodity prices boost the ZAR.

Political Stability: Political uncertainty can weaken the ZAR as investors seek safer havens.

Global Risk Sentiment: In times of global economic uncertainty, investors often avoid emerging market currencies like the ZAR.

Economic Growth: Strong South African economic growth can strengthen the ZAR.

Inflation: High inflation erodes the value of the ZAR, potentially leading to depreciation.

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