Friday, May 25, 2007

Rand firmer, next week's data crucial

(Reuters) - South Africa's rand firmed slightly as the dollar slipped on softer home sales data on Friday, but next week's outlook hinged on a slew of local economic data due out from Tuesday.

At 1540 GMT the rand was trading at 7.1066 versus the dollar, about 0.54 percent firmer than its New York close of 7.1450 on Thursday.


Read more at Reuters Africa

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