81.   Dealers attributed the latest slump, which began Friday, to an onslaught by offshore banks and by speculators in London.

82.   Dealers attributed the slump to an onslaught by offshore banks, but central Reserve Bank governor Chris Stals said no particular factor had been identified.

83.   Dollar buying by offshore banks Monday firmed the currency.

84.   The official said offshore banks and insurance companies would be allowed to operate in the zone.

85.   The rand took a hammering against the dollar and British pound on Thursday as importers and offshore banks plundered the market, traders said.

86.   The United Arab Emirates has said it would allow the operation of offshore banks but no decision has been taken.

87.   Traders said offshore banks had piled into the local market to buy dollars.

88.   Traders said offshore banks had piled into the local market to plunder dollars.

89.   The local unit Thursday recorded its best level against the dollar in six months as offshore banks ditched dollars in large orders in favour of bonds.