South Africa PPI MoM
The Producer Price Index (PPI) in South Africa is a measure of the average change in the price of products and services offered by manufacturers and producers in the wholesale market over a specified period of time.
A higher than expected figure should be seen as positive (bullish) for the ZAR while a lower than expected figure should be seen as negative (bearish) for the ZAR.
Forex Sentiment (ZAR)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| USDZAR |
|
|
15.1642 -16827 pips |
17.7302 -8833 pips |
16.84687 | |
| EURZAR |
|
|
18.0036 -17775 pips |
20.0117 -2306 pips |
19.78113 | |
| ZARJPY |
|
|
0 -923 pips |
8.9347 +30 pips |
9.234 |
News (ZAR)
South Africa Central Bank Cuts Rate By 25 Bps, Signals More Easing
The South African Reserve Bank lowered the key interest rate on Thursday, citing space for less restrictive policy as policymakers assessed that the inflation outlook has improved.
RTTNews | 21 days ago
South Africa Holds Rate Steady At 7% After Easing For A Year
The South African Reserve Bank left its key interest rate unchanged at 7 percent as policymakers decided to adopt a wait-and-watch stance following a year-long easing and they also assessed that inflation is set to rise in the coming months due to higher prices for electricity, food and services, while economic growth is set to strengthen.
RTTNews | 84 days ago
