South African Rand Edges Up To 4-Day High Against US Dollar
02 September 2009 - 12:27AM
RTTF2
Against the US dollar, the South African rand edged up during
Tuesday's early European deals and reached a 4-day high of 7.7257.
The rand may likely find resistance near the 7.68 level, if it
climbs further. At yesterday's New York session close, the pair was
quoted at 7.7755.
At 5:00 am ET today, the South African PMI is scheduled to be
released.
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