Against its South African counterpart, the dollar traded higher during New York deals on Tuesday. At about 11:55 am ET, the pair ticked up to 7.4225, which may be compared to yesterday's closing value of 7.2930. This set an 8-day high for the US currency. The dollar has been in an upward channel against the rand for the past 6 days.

US Dollar vs ZAR (FX:USDZAR)
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