After trading sideways in European deals, the South African rand edged down against the US dollar during early New York trading on Thursday. At 8:05 am ET, the rand plunged to a 2-day low of 6.9963 versus the greenback, compared to yesterday's close of 6.9713. As of now, the pair is worth 6.9749.

US Dollar vs ZAR (FX:USDZAR)
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