Thursday, July 5, 2007

Rand weakens versus resurgent dollar

(Reuters) - South Africa's rand eased against the dollar on Thursday, relinquishing some of its gains earlier in the week, as the greenback rose on data showing greater than expected activity in the U.S. services sector.

The rand was at 7.0135 versus the dollar at 1455 GMT, down 0.62 percent from its previous close of 6.9700.


Read more at Reuters Africa

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