Dollar Recovers From 5-day Low Against South African Rand
September 29 2009 - 8:00AM
RTTF2
The US dollar recovered from early European session's 5-day low
of 7.3605 against the South African rand in New York deals on
Tuesday. The greenback jumped to 7.4485 versus the rand by about
8:45 am ET, which may be compared to Monday's New York session
close of 7.4413. At present, the pair is trading near 7.4115. The
dollar may likely find resistance near the 7.4904 level, if it
climbs further.
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