Wednesday, June 6, 2007

Rand steady vs dollar, awaits rates decision

(Reuters) - The rand hovered close to overnight levels against the dollar on Wednesday and should stay within present ranges as market players await an expected interest rate rise on Thursday.

The rand was at 7.1575 versus the dollar at around 0640 GMT after dipping to 7.1750 earlier, compared with New York's close of 7.1675 on Tuesday.


Read more at Reuters Africa

No comments: