S.Africa’s rand firms 1.8 pct against dlr
Economy, Republic of South Africa, South Africa — By AfricaTimes on June 29, 2012 11:38 amSouth Africa’s rand gained 1.8 percent against the dollar on Friday to its strongest level in more than a week, tracking a firmer euro after European leaders agreed to lower Italy and Spain’s borrowing costs.
The local currency touched a session high of 8.2495/dollar and was at 8.2641 by 0927 GMT compared with Thursday’s close of 8.4010.
Reuters.
Tags: Republic of south africa
Digg This
Bookmark
Stumble
0 Comments
You can be the first one to leave a comment.