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South African Rand Dollar Price Forecast: USD/ZAR Bounces Between Key Levels Rand Price Outlook: Advertisement The South African Rand continues to maintain a certain degree of strength against its major counterparts despite the vaccination program lagging behind both developed and Emerging Markets (EM). Despite the recent reopening of the economy, cash strapped power utility Eskom struggles to keep the lights on, resulting in the reimplementation of load shedding (rolling blackouts), an issue that has hindered economic output for the past decade, placing the economy in a recession prior to the Coronavirus pandemic. Visit the DailyFX Educational Center to discover why news events are Key to Forex Fundamental Analysis ....