(Reuters) - South Africa's rand weakened slightly against the dollar on Thursday with producer inflation data and trade numbers due later in the day expected to direct further trading on the currency, dealers said.
The rand was trading at 7.16 versus the dollar at 0658 GMT, little changed from its New York closing levels of 7.1450 on Wednesday. Dealers said the local unit was likely be caught in range of 7.09-7.18 in the session.
Read more at Reuters Africa
The rand was trading at 7.16 versus the dollar at 0658 GMT, little changed from its New York closing levels of 7.1450 on Wednesday. Dealers said the local unit was likely be caught in range of 7.09-7.18 in the session.
Read more at Reuters Africa
No comments:
Post a Comment