During European deals on Tuesday, the South African rand eased from a new multi-day high against the U.S. dollar. The South African rand hit a high of 7.4458 at 7:45 am ET and slipped gradually to 7.5000 at 8:00 am ET. Presently, the greenback-rand pair is trading at 7.4556, compared to previous day's New York session close of 7.4938.

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