Wednesday 19 December 2018
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ebusinessweekly - 3 month ago

Rand gains after dollar’s tariff falter

JOHANNESBURG South Africa’s rand gained early on Tuesday as broad dollar weakness supported investor appetite for riskier assets after Washington imposing additional tariffs on Chinese imports. At 0645 GMT the rand was 0.35 percent stronger at 14.8750 per dollar compared with its New York close of 14.9275. Trade-war tensions have intensified as U.S. President [ ]

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