South African rand weakens further
South Africa’s rand weakened in early trade on Monday, at the start of a week that will include South African inflation figures and several major central bank rate decisions South African rand weakens further The rand traded at 18.8000 against the U.S. dollar, about 0.3% weaker than its previous close. The dollar was last trading down about 0.04% against a basket of global currencies. Central banks in the United States, Japan, the UK and Australia will all announce rate decisions this week, with most expected to leave policy unchanged. Locally,…
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