Wednesday 14 November 2018
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ebusinessweekly - 7 days ago

Rand firmer as U.S. election verdict dents dollar

JOHANNESBURG South Africa’s rand firmed on Wednesday, extending an overnight rally, as dollar buyers favoured caution and assessed U.S. mid-term election results to gauge the possible impact on policy and consequences for global growth. At 0640 GMT, the rand was 0.21 percent firmer at 14.0900 per dollar, having reached a one-week best of 14.0300 [ ]

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