South African Rand At 10-day High Versus U.S. Dollar
04 July 2016 - 6:04PM
RTTF2
The South African Rand drifted higher against the U.S. dollar in
European deals on Monday, amid surging commodity prices on hopes of
stimulus measures by the central banks across the globe to limit
the economic fallout of Brexit vote.
The South African Rand climbed to a 10-day high of 14.46 against
the greenback, compared to last week's closing value of 14.55. The
Rand is likely to find resistance around the 13.6 zone.
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