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South Africa: News - Rand trapped in a tight range
[IOL BusinessReport: 2010-03-12]
Submit your comment The South African rand continued to trade in a tight range in the morning session on Friday, and lacking any clear direction. At 08.54am the rand was bid at R7.4165/$ from R7.4057/$ at its previous close. It was bid at R10.1520/ from its previous close of R10.1515/ and was at R11.1506/£ from R11.1682/£. The euro was bid at $1.3702 from $1.3685 previously. A local trader said: "We are set for a. . .
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