(Reuters) - The South African rand touched three-month highs against the dollar on Tuesday as soft U.S. inflation data weighed on the greenback, but a sustained rally hinges on overseas market trends, traders said.
At 1500 GMT the rand was at 7.0690/dollar, up 0.56 percent from New York's closing level of 7.1090 on Monday, though it gave up earlier gains which took it briefly to 7.05, its strongest level since January 4.
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