Friday, July 27, 2007

Rand, bonds slip on run from risk

(Reuters) - South Africa's rand slipped on Friday after a volatile session and Thursday's sharp slide, and bonds added to losses on global emerging markets strain.

The local currency was trading at 7.0975 to the dollar at 1520 GMT, 0.25 percent weaker than its close in New York on Thursday, when it lost almost three percent of its value in one of its biggest session falls.


Read more at Reuters Africa

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