JOHANNESBURG, July 26 (Reuters) – The rand extended gains to
over 1.5 percent against the dollar on Thursday, tracking a
firmer euro after the European Central Bank reassured markets
that the Bank would do whatever it takes to preserve the single
currency.
In afternoon trading, the South African currency
briefly hit a session high of 8.2520/dollar and was at 8.2673 by
1510 GMT and off a 8.39 close in New York on Thursday.
(Reporting by Xola Potelwa; Editing by Pascal Fletcher)
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