South Africa's rand firmed against the dollar on Thursday, as the greenback came under pressure after indications by the U.S. Federal Reserve that it would not hike interest rates in the next few months.
The rand was trading at 7.2125 per dollar at 0700 GMT, little changed from 7.2150 at the New York close on Wednesday, but up nearly 0.6 percent from its late Johannesburg levels of around.
Traders expected the local currency to hold largely firm in the session, in line with other emerging markets.
Read more at Reuters South Africa
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