Wednesday, March 7, 2007

Rand slightly weaker in nervous market

South Africa's rand weakened slightly against the dollar on Wednesday, but held onto most of Tuesday's gains in a market still on edge following the global stocks sell-off of the past week.

The local currency was trading at 7.4040 versus the dollar at 1530 GMT, about 0.3 percent softer than its previous New York close of 7.3850/dollar.

Read more at Reuters South Africa

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