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/ 18 September 2007

SA markets seen under pressure on jitters

Traders said South African markets may be under pressure on Tuesday as credit worries persist, but the upcoming United States interest rate decision will be the main focus. At 6.35am GMT, the rand stood at 7,23 to the dollar, softer than its New York close of 7,22 on Monday. Traders said the rand will probably trade in a ,17 to ,27/range.