Wednesday 14 November 2018
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ebusinessweekly - 9 days ago

Rand weakens on Moody’s co stocks down

JOHANNESBURG South Africa’s rand weakened on Friday, after ratings agency Moody’s says the country’s fiscal outlook a credit negative. The rand was 0.19 percent weaker at 14.6475 per dollar at 0820 GMT. Moody’s said a weaker fiscal outlook in South Africa’s medium-term budget policy statement issued this week was a credit negative, sending the [ ]

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