South African Rand Plummets To 10-day Low Against Dollar
September 20 2009 - 10:15PM
RTTF2
The South African rand slumped to a 10-day low of 7.5750 against
the US dollar during early trading on Monday. On the downside,
7.617 is seen as the next target level for the South African
currency. At last week's close, the dollar-rand pair was quoted at
7.4231.
Looking ahead, South Africa's retail sales report for July is
due at 5:30 am ET.
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