Wednesday, July 18, 2007

Rand weaker, eyes US and retail sales data

(Reuters) - South Africa's rand was weaker on Wednesday on profit-taking but remained within recent ranges ahead of retail sales data due later in the session.

The rand was trading at 6.9770 to the dollar at 0630 GMT, 0.24 percent weaker than its previous New York close of 6.96, after earlier touching 6.9475 against the greenback.


Read more at Reuters Africa

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