Friday, June 8, 2007

S.Africa rand slips over 1 pct vs dollar, bonds weaken

(Reuters) - South Africa's rand extendes its losses against the dollar on Friday, and local government bonds weakened, as the greenback climbed to two-month highs against the euro and sterling.

At 1030 GMT the local currency was at 7.3435 to the dollar, after weakening more than 1.1 percent to 7.3645 earlier, its weakest level since March 28 according to Reuters data.


Read more at Reuters Africa

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