Friday, July 13, 2007

Rand seen holding gains versus dollar

(Reuters) - South Africa's rand opened steady against the dollar on Friday and should hold onto the previous day's gains, barring any bad news for emerging markets, traders said.

At 0655 GMT the rand was trading at 6.9580 per dollar, little changed from its strong closing levels of 6.9575 in New York which were spurred by Thursday's gains on Wall Street.


Read more at Reuters Africa

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