(Reuters) - South African rand steadied against the dollar on Wednesday after rumours that Iran fired at a U.S. naval vessel in the Gulf were denied.
The rand was trading at 7.2880 versus the dollar at 0755 GMT, little changed from a close of 7.2850 in New York on Tuesday. The rand weakened sharply overnight as the rumour spooked investors out of high-risk markets such as South Africa.
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