Wednesday, May 23, 2007

Rand gains versus dollar as gold firms

(Reuters) - South Africa's rand was slightly firmer against the dollar late on Wednesday, capping a Johannesburg session in which it traded sideways in line with the greenback's performance abroad and the gold price.

At 1520 the rand was at 7.0410 versus the dollar, off an earlier high of 7.0291 but recovering from a session low of 7.0940. It was up 0.55 percent from Tuesday's close of 7.08 in New York.


Read more at Reuters Africa

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