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South African rand

Local nameSuid-Afrikaanse rand  
ISO 4217 CodeZAR
Official userSouth Africa (Common Monetary Area member)
Lesotho (Common Monetary Area member), alongside Lesotho loti
Namibia, alongside Namibian dollar
Unofficial userSwaziland (Common Monetary Area member), alongside Swazi lilangeni
Inflation3.6% (South Africa only)
Pegged withLesotho loti, Swazi lilangeni and Namibian dollar at par
Coins and Banknotes
Central bankSouth African Reserve Bank

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The rand (sign: R; code: ZAR) is the currency of South Africa. It takes its name from the Witwatersrand (White-waters-ridge in English), the ridge upon which Johannesburg is built and where most of South Africa's gold deposits were found. The rand has the symbol "R" and is subdivided into 100 cents, symbol "c". The ISO 4217 code is ZAR, from Dutch Zuid-Afrikaanse rand. (South African Rand). This is echoed in South Africa's internet top-level domain name ".za" from the Dutch Zuid Afrika, meaning "South Africa".

The rand is the currency of the Common Monetary Area between South Africa, Swaziland and Lesotho. Although Namibia withdrew itself from the Common Monetary Area, the rand is still legal tender.

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S.African rand firms, stocks rise as commodities rebound - Reuters Africa Tweet this news
Reuters Africa--JOHANNESBURG (Reuters) - The -South African rand- firmed on Wednesday, recouping the previous day's losses as commodity prices rebounded and the dollar fell ... - Date : Wed, 20 Oct 2010 18:01:55 GMT+00:00
A Comeback for South African Art? - Wall Street Journal Tweet this news
Wall Street Journal--Last week in Cape Town, Strauss & Co. auctioned off a floral still life by -South Africa's- favorite Expressionist, Irma Stern, for a record 13.4 million -rand- ... - Date : Fri, 22 Oct 2010 20:11:32 GMT+00:00
S.Africa rand slightly firmer, G20 meeting in focus - Reuters Africa Tweet this news
Reuters Africa--JOHANNESBURG (Reuters) - -South Africa's rand- recouped some of its overnight losses against the dollar on Friday but could be on the back foot in quiet ... - Date : Fri, 22 Oct 2010 07:06:15 GMT+00:00
Aveng Says Potential Orders Stable as Tenders Delayed - BusinessWeek Tweet this news
BusinessWeek--A stronger -rand- to the dollar will erode earnings from outside of -South Africa- for Moolmans, Aveng's contract mining unit, the company said. ... - Date : Fri, 22 Oct 2010 10:21:50 GMT+00:00
Rand chokes fishing sector - The Southern Times Tweet this news
The Southern Times--By Felix Njini 22-10-2010 Windhoek-Namibia's fishing sector will bear the brunt of the firming -South African rand- against major currencies as it appears ... - Date : Fri, 22 Oct 2010 11:45:03 GMT+00:00
Vuvuzelas could be banned after being used as missiles - Reuters Africa Tweet this news
Reuters Africa--JOHANNESBURG (Reuters) - Vuvuzelas could be banned in -South African- soccer grounds unless fans of the country's most popular club, ... - Date : Fri, 22 Oct 2010 10:28:48 GMT+00:00

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