South African rand pressured by rising oil prices as investors weigh budget review
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South African rand pressured by rising oil prices as investors weigh budget review

(Reuters) · Business Recorder · Business & FinanceRead original ↗

JOHANNESBURG: The South African rand weakened in early trade on Thursday, pressured by rising oil prices as investors continued to assess the government’s mid-year budget review, which included two months of temporary fuel tax relief. At 0649 GMT the rand traded at 16.

South African rand pressured by rising oil prices as investors weigh budget review

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