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Rand Slips as Markets Eye BRICS Summit and Debt Risks

The South African rand fell on Friday as investors turned cautious ahead of the BRICS summit and continued to assess debt pressures across emerging markets. Traders cited broader risk aversion and…

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Rand falls more than 1% as investors flee riskier emerging-market assets

The South African rand weakened sharply on Thursday, losing more than 1% against the U.S. dollar as investors moved away from riskier assets. The slide added to pressure on emerging-market…

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