Bouncing back from yesterday's 12-day low, the South African rand rose to a 2-day high of 7.483 against the US dollar during early New York trading on Thursday. The dollar-rand pair, which ended Wednesday's trading lower at 7.5731, is presently quoted at 7.551 with 7.43 seen as the next target level.

US Dollar vs ZAR (FX:USDZAR)
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US Dollar vs ZAR (FX:USDZAR)
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