Greenback Plunges To 1-month Low Versus South African Rand
June 18 2010 - 2:13PM
RTTF2
Against its South African counterpart, the dollar traded lower
during New York deals on Friday. At about 1:20 pm ET, the
greenback-rand pair touched 7.4950, which may be compared to
yesterday's closing value of 7.5812. This set a 1-month low for the
US currency. The dollar is presently trading at 7.5185 versus the
South African unit. The dollar has been in a downward channel
against the rand for the past 11 days.
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