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South African Rand Falls To 5-day Low Versus U.S. Dollar

05:10, 3rd May 2016

(RTTNews) - The South African Rand drifted lower against the U.S. dollar in European trading on Tuesday, on the back of lower commodity prices.

The rand declined to a 5-day low of 14.5395 against the greenback, off its early high of 14.1911. If the rand slides further, it may find support around the 15.00 zone.

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