South African Rand Declines To 4-week Low Against Dollar
August 12 2009 - 11:31AM
RTTF2
The South African rand plunged to a 4-week low of 8.2080 against
the US dollar at 3:15 am ET Wednesday. If the South African
currency falls further, 8.44 is seen as the next target level. The
dollar-rand pair closed Tuesday's deals at 8.1175.
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