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FIN: Rand extends gains against dollar
 
Johannesburg - The rand extended gains against the dollar to 2.3% on Monday, touching a 1-1/2 week high as investors ventured back into emerging markets on a raft of positive news about eurozone debt.

The rand rallied to a session high of 7.8175 and was at 7.8201 by 15:14 GMT, compared with Friday's close at 8.0000.
Source