Wednesday, January 24, 2007

Rand softer versus dollar ahead of PPI

South Africa's rand opened weaker against the dollar on Thursday and market players said the currency would take further direction from official producer inflation data due out later in the morning.
The rand was trading at 7.1525 versus the dollar at 0705 GMT, three cents weaker than its New York close of 7.1250 on Wednesday.

Read Full Article at Reuters South Africa

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