101. Dealers said persistent dollar demand had prevented the local unit Monday from taking advantage of the weaker greenback. 102. Dealers said the local unit had taken a hammering Thursday amid offshore dollar demand and continuing import dollar buying. 103. Dealers said the local unit remained confined to a narrow range as export sales balanced importer demand ahead of the long Easter weekend. 104. Dealers said the local unit was being driven lower by sellers, despite dollar weakness on international markets. 105. Dealers said the local unit was generally firmer against the dollar due to weakness of the US currency on international markets and speculative buying of rands. 106. Dealers said the local unit was holding up well despite a stronger dollar. 107. Dealers said the rand was tracking a weaker dollar and there was also foreign buying of the local unit. 108. Dealers said importer demand for dollars kept the local unit down despite a solid rally in local bond prices. 109. Dealers said the local unit had been battered by the strength of the dollar owing to the ill health of Russian President Boris Yeltsin. 110. Dealers said the local unit had been boosted by exporters selling dollars and steady flows of investment dollars from the Far East. |