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S.African rand slides vs dollar in technical correction

August 14, 2012 Comments Off on S.African rand slides vs dollar in technical correction

August 14, 2012, 7:50 am

JOHANNESBURG (Reuters) – The rand dropped more than 1 percent against the dollar on Monday during thin trade, in what analysts said was probably a technical correction after the currency approached a key resistance level late last week.
A dip in commodity prices prom…

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