Thursday, July 12, 2007

Rand stuck in range, lacks direction

(Reuters) - South Africa's rand was largely rangebound on Thursday, restricted by the impact of options trading and a scarcity of market-moving data, traders said.

At 1500 GMT, the rand stood at 6.9820 versus the dollar, about 0.4 percent firmer than its New York close of 7.0265 on Wednesday.


Read more at Reuters Africa

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