US Dollar Tumbles To New Multi-month Low Against South African Rand
October 14 2009 - 3:28PM
RTTF2
The US currency tumbled further against the South African rand
and touched a new multi-month low of 7.2350 in early New York
morning trading on Wednesday. Thereafter, the pair traded sideways
and currently trading near 7.2465. The dollar-rand pair was worth
7.3264 at yesterday's close. The dollar has been in a downward
channel against its South African counterpart since October 02,
2009.
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