Currency Alerts
11/25/2009 3:04 PM ET
(RTTNews) -
Against its South African counterpart, the dollar traded lower during New York deals on Wednesday. At about 12:50 pm ET, the pair touched 7.3195, which may be compared to yesterday's closing value of 7.4562. This set a 9-day low for the US currency. The dollar has been in a downward channel against the rand for the past 5 days. On the downside, the US currency may likely target the 7.29999 level against the South African currency.
by RTT Staff Writer
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