South African Rand Plummets To 22-day Low Versus US Dollar
12 January 2011 - 5:45AM
RTTF2
Extending its previous session's downward trading, the South
African rand edged down further against the US dollar during New
York afternoon deals on Tuesday. The rand is currently trading near
a 22-day low of 6.8899 versus the greenback, compared to
yesterday's closing value of 6.8200. The South African currency has
been in a downward channel against the dollar for the past 10
days.
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