24games Ancestry24 Answerit Blueworld Careers24 Channel24 Fin24 Food24 GoTravel24 Health24 Kalahari.net Mobile My Account News24 Nuus24 Parent24 Property24 Spaces Sport24 Weather24 Wheels24 Women24

Entrepreneurship Q&A

Do you have questions on the financing needs of your business? Fin24.com has a panel of experts on standby to answer queries.

PODCAST: Lessons from Abroad

Think it's easier to start a business in the US as opposed to SA? Listen to Fin24.com's entrepreneurship experts.

Where am I? Fin24.com

Rand rangy ahead of US data

Feb 04 2010 10:05 Print this article | Email article

Quiet rand tracks US for impetus

Rand firms slightly vs dollar

Johannesburg - The rand was mostly unchanged from its overnight levels in the morning session on Thursday, having bounced late yesterday, with the euro coming off against the dollar.

The local currency is likely to be range bound today, ahead of Friday's US payrolls data.

At 09:05 the rand was bid at R7.5036 to the dollar from R7.5137 at its previous close. It was bid at R10.4320 to the euro from its previous close of R10.4582 and was at R11.9372 against the sterling from R11.9676.

The euro was bid at $1.3972 from $1.3895 previously.

A local currency trader said: "The euro came off again yesterday, and the rand bounced later on. However the local currency is only marginally down with a likely range of R7.48-R7.58 against the dollar. The big news is tomorrow with US payrolls data."

- I-Net Bridge

page
1

Share this page

Comment on this story

(No bad language or hate speech, please)


Your name	*
Email	*
Comment	*
	Please enter the text in the image below as is into the given textbox: *

	Disclaimer Fin24.com encourages freedom of speech and the expression of diverse views. The views of users published on Fin24.com are therefore their own and do not represent the views of Fin24.com. All posts are monitored by Fin24.com's editors and grossly derogatory posts will be deleted. The Fin24.com editorial team will delete your comment should you post abusive comments, use vulgar language or make discriminatory observations.

More...

Indicators

Last updated: Fri 00:00

View data hub

Company Snapshot

Make money from art

Sep 02 2010 12:48

Art's nicer to look at than stock and bond certificates, but can it make you money? Fin24.com spoke to the experts about this alternative investment class. Time: 3:00

Not working? Click here More videos

Nicolaasmith

Only daily parallel rate indexing can do the trick in a hypeirnflationary economy. Here you will find everything SAICA banned from continued being published on their public Discussion Forum about SA accountants - including CA(SA)s&nb... Read their blog...

Lessons from Abroad

Think it's easier to start a business in the US as opposed to SA? In our entrepreneurship section, Fin24.com speaks to the experts whether the grass is always greener. Time: 12:10 Listen Here...