Tuesday, June 5, 2007

Rand range-bound ahead of MPC, bonds rebound

(Reuters) - South Africa's rand was rangebound on Tuesday as dealers awaited the country's rate decision later this week, but bonds rebounded slightly as demand for the local paper remained healthy.

At 1500 GMT, the rand stood at 7.1395 to the dollar not far off its New York close of 7.1340 on Monday.


Read more at Reuters Africa

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