Greenback Plunges Against South African Rand
16 September 2009 - 12:40AM
RTTF2
During New York trading on Tuesday, the US dollar plunged
against the South African rand. At present, the greenback-rand pair
is trading near new multi-month low of 7.3510, compared to 7.4605
hit late New York Monday. The dollar has been in a downward channel
against the rand for the past 5 days.
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