South African Rand Trades At 5-day High Against US Dollar
November 04 2009 - 8:03AM
RTTF2
The South African rand stabilized after rising to a 5-day high
of 7.727 against the US dollar in early European trading on
Wednesday. The rand thus rose to more than 6.5 percent from
Monday's multi-month low of 8.2655. The dollar-rand pair, which
closed yesterday's deals at 7.8372, is currently quoted at
7.752.
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