Stocks, FX hit by hawkish Fed bets; Geopolitics in focus

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The rand rose 0.2%, inching closer to Thursday's over two-month highs, as rising inflation data this week increased bets that the central bank will hike interest rates next week.

Turkey's troubled lira which got a brief boost on Thursday from the central bank keeping the key rate unchanged after a series of cuts, was down 0.4% on Thursday.

 

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