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Currency: the South African rand almost stable

25/04/2024
Source : ORISHAS-FINANCE
Categories: Economy/Forex

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While traders eagerly awaited the release of inflation figures from domestic producers, the South African rand was little changed at the start of trading on Thursday.

At 06:15 GMT, the rand was trading at 19.1950 against the dollar, not far from its Wednesday close at 19.2100. Analysts predict that producer inflation in March rose slightly to 4.6% year-on-year, up from 4.5% in

February.
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