S.Africa's rand firms against wobbly dollar

Wed Nov 4, 2009 1:53pm GMT
 

JOHANNESBURG, Nov 4 (Reuters) - South Africa's rand firmed by more than two percent against the dollar on Wednesday as the greenback wobbled and the gold price climbed to a record.

The rand ZAR=D3 was trading at 7.69 against the dollar at 1350 GMT, after hitting 7.6650, compared with a New York close of 7.84.

The dollar fell broadly while gold XAU= hit record highs above $1,095 an ounce. (Reporting by Phumza Macanda)

Market Update

  • Africa
  • US
  • Europe
  • Asia
  • CAC40
UK £ USD =1.6702
Euro USD =1.5033
Rand USD =0.1349