(Reuters) - South Africa's rand rebounded against the dollar on Thursday after falling Chinese stocks and risk aversion pulled it down more than two percent in early trade.
The local currency was trading at 7.04 to the greenback at 1427 GMT, 0.3 percent weaker than its previous New York close, but just off a three-month high. It had slid to a session low of 7.1650 in early Johannesburg trade.
Read more at Reuters Africa
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment