South African Rand Drops To Fresh 14-month Low Against Dollar
September 19 2011 - 5:59AM
RTTF2
In early European deals on Monday, the South African rand fell
to a fresh 14-month low of 7.6045 against the U.S. dollar. The next
downside target level for the South African currency is seen at
8.0. As of now, the dollar-rand pair is worth 7.590, compared to
Friday's close of 7.4676.
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