Monday, July 30, 2007

Rand steady; eyes equities, euro

(Reuters) - South Africa's rand firmed against the dollar on Monday and looked set to take direction from equities and the euro, traders said.

At 0638 GMT, the rand stood at 7.09 versus the dollar, about 0.3 percent firmer than its New York close of 7.1125 on Friday. Traders said the local unit would probably trade in the 7.02 - 7.13 range in the session.


Read more at Reuters Africa

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