South African Rand Falls To 10-day Low Against U.S. Dollar
September 12 2016 - 1:22AM
RTTF2
The South African Rand drifted lower against the U.S. dollar in
early European deals on Monday, as allure of emerging currencies
diminished on fears over an early rate by the Federal Reserve.
The South African Rand fell to a 10-day low of 14.57 against the
greenback, compared to Friday's closing value of 14.40. The next
possible support for the South African Rand may be found around the
15.5 mark.
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