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Rand weakens on wider trade deficit, bonds supported

September 28, 2012 Comments Off on Rand weakens on wider trade deficit, bonds supported

September 28, 2012, 6:33 pm

JOHANNESBURG (Reuters) – South Africa’s rand weakened against the dollar on Friday, weighed down by a wider-than-expected trade deficit figure and a subdued sentiment towards riskier assets, although it found some support from late-session bond buying.
South Afric…

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