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Lonmin strike, euro drive S.Africa rand to 2-wk trough

August 17, 2012 Comments Off on Lonmin strike, euro drive S.Africa rand to 2-wk trough

August 17, 2012, 7:00 pm

JOHANNESBURG (Reuters) – South Africa’s rand hit a two-week low on Friday, extending earlier falls linked to the killing by police of 34 protestors at a Lonmin mine as offshore investors increased bets on dollar gains after positive U.S. data in the afternoon.
The ra…

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