Rand breaks through R7.60/$
The rand broke through the R7.60/$ on Friday morning on stop losses after the currency failed to weaken last night despite the weak Dow.
The rand slid slightly against the dollar -- settling in the R7,78 to R8 range -- in early trade on Monday, left behind by the risk-on rally sparked by hopes the euro zone is finally going to solve its problems following the Group of 20 meetings over the weekend.