Thursday, 12 July 2007

Rand steady, watches carry play abroad

(Reuters) - South Africa's rand opened steady against the dollar on Thursday and should tread within current ranges while closely watching the greenback's movements against the yen in the carry trade, traders said.

At 0635 GMT the rand was trading at 7.0180 versus the dollar, barely moved from Wednesday's close of 7.0265 in New York.


Read more at Reuters Africa

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