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Find all the economic and financial information on our Orishas Direct application to download on Play StoreEarly on Tuesday, the South African rand strengthened against a weaker dollar. He is recovering from the lowest levels he hit in the previous session.
The rand fell on Monday to its lowest level in over three months. At 0624 GMT, the rand traded at 19.1025 against the dollar, 0.5% stronger than its previous close. ETM Analytics said in a note that “the rand is still a passenger and will likely take its direction depending on the evolution of the dollar.”
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