| South Africa’s rand is currently testing the 7.30/$ mark after the euro remained above 1.50 a dollar and gold is at fresh all time highs trading at $1215 this morning. All these factors and the soccer world cup only six months away with massive inflows expected due to the world’s biggest sporting event will continue to support the rand. We should see importer demand below 7.30/$ however the bullish sentiment will prevail for now.
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Dec.02.2009 
