After hitting a 2-day high of 7.4623 by about 9:05 am ET, the US currency reversed its direction against the South African rand in New York afternoon deals on Thursday. At 2:05 pm ET, the greenback slipped to 7.3578 versus the rand, compared to yesterday's close of 7.3949. The dollar is presently trading at 7.3850 versus the rand.

US Dollar vs ZAR (FX:USDZAR)
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US Dollar vs ZAR (FX:USDZAR)
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