Friday, 18 May 2007

Rand struggles to break ranges vs dollar

(Reuters) - South Africa's rand was about 0.3 percent softer against the dollar on Friday and was seen struggling to break out of ranges it has been caught in for weeks.

The rand has languished within the 6.88/7.08/dollar range for over a month, with little impetus on the domestic front to push it out, meaning it has largely tracked overseas market trends.


Read more at Reuters Africa

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