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The rand continues to strengthen

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After months of underperformance on global currency markets, the rand continues to strengthen on the back of a strong dollar and hope of a new political administration in South Africa. It is the best performing emerging market currency on the Emerging Market Index at the moment, at around R11.93 cents the US dollar. The rise in the Rand began in December after the ANC conference. For more news, visit: http://www.sabc.co.za/news
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