Against its South African counterpart, the dollar traded higher during New York deals on Monday. At about 10:10 am ET, the greenback climbed to 7.7499 versus the rand, which may be compared to yesterday's closing value of 7.6575. This set a 12-day high for the US currency. Thereafter, the pair reversed its direction and currently trading near 7.7201.

US Dollar vs ZAR (FX:USDZAR)
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