S.Africa's rand may test 8.00 against dollar

JOHANNESBURG (Reuters) - South Africa's firmed slightly against the dollar on Friday and looked set to test the psychologically important 8.00 level on the back of improved risk sentiment. The rand hit 5-week highs of 8.01 against the dollar on Thursday, helped by better-than-expected manufacturing production data, which bodes well for broader economic growth. By 0640 GMT, it was trading at 8.0326, a touch firmer than Thursday's New York close of 8.05. The rand last attempted to break below the 8.00 level in December, after breaching it in mid-November. ...