The US dollar bounced back from early morning session's lows against the South African rand in New York mid-day trading on Monday. After touching a low of 7.8130 by about 10:35 am ET, the greenback reversed its direction against the rand and high a high of 8.0226 as of 2:05 pm ET. The dollar-rand pair was worth 7.8050 at last week's close.

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