Rand lifted by euro
2 September 2010
The rand firmed in midday trade on Thursday tracking the euro which reacted to a successful auction of five-year bonds by Spain, easing concerns about the euro zone's sovereign debt issues.
At 11.43am local time the rand was bid at R7.2484 to the dollar from R7.2815 at the previous close.
It was bid at R9.3204 to the euro from R9.3252 before.
It was trading at R11.1742 to the pound from R11.2459 at its previous close.
At 12:31 gold was quoted at $1 246.20 an ounce.
