South African Rand At 9-day Low Against US Dollar
December 18 2009 - 9:43AM
RTTF2
The South African rand that slumped to a 9-day low of 7.61
against the US dollar in early trading on Friday moved mostly in a
sideways pattern thereafter in early New York. The rand has lost
around 3.9 percent against the buck since it touched a 12-day high
of 7.315 on Wednesday. The dollar-rand pair that closed yesterday's
deals at 7.5399 is currently quoted at 7.5767.
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