(Reuters) - South Africa's rand headed back towards recent highs against the dollar on Thursday despite the greenback's own gains overseas, riding mainly on a weaker yen, which had boosted sentiment towards higher yielding currencies.
At 0647 GMT, the rand was at 6.98 against the dollar, a gain of 0.6 percent from its Wednesday New York close of 7.02/dollar, and within sight of the 6.9325/dollar level it visited last week -- its strongest level since January 3.
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