The South African rand showed strength against its US counterpart after showing weakness during Thursday's Asian trading. The rand thus moved from 7.3900 to 7.2938 by 2:35 am ET, with 7.48 seen as the next upside target level. At yesterday's New York session close, the dollar-rand pair was quoted at 7.3165.

US Dollar vs ZAR (FX:USDZAR)
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