(Reuters) - South Africa's rand reached fresh 4-month highs against the dollar on Monday as the greenback sagged in the face of a poor U.S. economic outlook after last week's soft employment data.
The rand was at 6.8815 against the dollar at 1530 GMT, up 0.53 percent from its previous New York close after earlier rising to 6.8801, the strongest it has been since January 3.
Read more at Reuters Africa
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment