Tuesday, July 31, 2007

Rand steady vs dollar, global sentiment eyed

(Reuters) - South Africa's rand steadied versus the dollar on Tuesday and dealers said the currency would take its direction from global investor sentiment towards emerging markets.

The rand stood at 7.0975 at 0645 GMT, not far off its New York close of 7.1010 on Monday. Dealers said the unit would likely trade between 7.05 - 7.15/dollar during Tuesday's session.


Read more at Reuters Africa

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