South African Rand Slips To 5-day Low Against Greenback
01 September 2009 - 11:36PM
RTTF2
Against its US counterpart, the South African rand traded lower
during New York deals on Tuesday. At about 1:25 pm ET, the rand
dropped to 7.9235, which may be compared to yesterday's closing
value of 7.7755. This set a 5-day low for the South African
currency. On the downside, 7.95 is seen as the next target level
for the rand.
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