(Reuters) - The South African rand recouped some of the previous day's losses on Thursday as favourable U.S. economic data boosted emerging market sentiment, traders said.
The rand was up 0.55 percent at 7.2930 against the dollar at 1525 GMT, after dipping to 7.3385 earlier, compared to Wednesday's close of 7.3330 in New York. The local currency had tumbled by roughly 1.4 percent in the previous session.
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