Wednesday, June 6, 2007

Rand slips as dealers eye rates decision

(Reuters) - The rand weakened versus the dollar on Wednesday, flirting with the key 7.20 level as market nervousness prevailed ahead of the central bank's interest rate verdict on Thursday.

The rand traded in a six cent range in the session, dipping to 7.2130 earlier. It was trading at 7.2050 to the dollar at 1500 GMT, 0.56 percent softer than from its previous New York close of 7.1675.


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