The South African Rand declined against the U.S. dollar in early European trading on Wednesday, as the latter gained across the board on renewed Brexit worries.

The South African currency that closed yesterday's trading at 14.74 against the greenback fell to a 6-day low of 14.95. The South African Rand may locate support around the 16.00 zone.

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