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#RandReport: Rand recovers as firms pledge R290bn investmentThe local unit has been under pressure since a gloomy budget statement by new Finance Minister Tito Mboweni on Wednesday.
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#RandReport: Rand firms, stocks up as risk sentiment improvesAt 1518 GMT, the rand traded at 14.2175 per dollar, 0.39% firmer than its close on Friday. The rand had earlier in the day weakened nearly 1% to 14.4100 as risk appetite waned.
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#RandReport: Rand firms in line with emerging markets, stocks riseAt 1500 GMT, the rand traded at 13.8500 per dollar, 0.05% firmer, having closed on Friday at 13.8575.
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#RandReport: Rand firms in line with emerging markets and stocksThe rand was trading at 14.3300 per dollar by 1540 GMT, 0.35% firmer than its New York close of 14.143800.
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#RandReport: Rand firms as dollar slides, stocks jumpAt 1501 GMT, the rand traded at 14.1575 per dollar, 1.12% firmer than its New York close of 14.3175 on Tuesday.
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#RandReport: Rand recovers after power cuts fallout, stocks riseAt 1657 GMT, the rand was 0.36% firmer at 13.7550 per dollar, compared to its close of 13.8050 the previous day. Does that mean we should have frequent load shedding? Ay The rand reacts in a strange way!!!
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