US Dollar Declines To 5-day Low Against South African Rand
21 July 2011 - 2:00AM
RTTF2
Extending its previous session's downtrend, the US dollar
declined further against the South African rand in New York morning
deals on Wednesday. The greenback slipped to a 5-day low of 6.8724
versus the rand by about 11:15 am ET, which may be compared to
Tuesday's closing value of 6.9282. The dollar is presently trading
near 6.8900 versus the South African unit with 6.8300 seen as the
next likely target level.
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