Tuesday, May 22, 2007

Rand softer amid trade, c/act worries

(Reuters) - South Africa's rand weakened against the dollar on Tuesday and could further reverse recent gains as niggling worries about the current account deficit resurfaced.

The rand was down 0.43 percent at 7.0450 against the greenback at 1508 GMT compared to New York's close of 7.0150 on Monday, although it clawed back some ground from a session low of 7.06/dollar.


Read more at Reuters Africa

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