Tuesday, June 19, 2007

Rand little changed vs dollar, seen in ranges

(Reuters) - South Africa's rand barely moved against the dollar late on Tuesday and should drift within present ranges in the short-term, mostly tracking other emerging market currencies and the euro, traders said.

At 1535 GMT the domestic currency was at 7.09 against the dollar, just 0.04 percent off Monday's New York close of 7.0872. It drifted between 7.0765 and 7.1225 during Johannesburg's session.


Read more at Reuters Africa

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