Tuesday, June 26, 2007

Rand range-bound, may weaken on equities

(Reuters) - South Africa's rand was trapped in ranges against the dollar on Tuesday, but dealers said there was scope for the unit to weaken given lower equity markets in the United States.

The rand was trading at 7.1795 to the dollar at 0635 GMT, close to its New York close of 7.18 on Monday.


Read more at Reuters Africa

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