Rand remains range bound

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15 March 2010

The rand remained range bound by midday on Monday, lacking any clear direction.

At 11.25 the rand was bid at 7.4295 to the dollar from 7.3837 at its previous close.

am

It was bid at 10.1812 to the euro from its previous close of 10.1862.

It was bid at 11.1985 against the sterling from 11.2288 before.

At 11.58am gold was quoted at $1 103.60 an ounce.

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