Tuesday, April 17, 2007

Rand a bit weaker but eyes key 7/dlr mrk

(Reuters) - The South African rand was a bit weaker versus the dollar on Wednesday, but traders said the currency would likely test the key 7/dlr mark in the session because of continuing weakness in the greenback.

The rand stood near three-month highs at 7.03 against the dollar at 0620 GMT, about 0.2 percent softer than its New York close of 7.01 on Tuesday.


Read more at Reuters Africa

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