South African rand stable, national election looms
- May 28, 2024
- Infrastructure
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The South African rand was stable in early trading on Tuesday, against a weaker dollar and ahead of a national election on Wednesday which could see the ruling party lose its majority for the first time in 30 years. At 07:09 GMT, the rand traded at 18.3725 against the dollar, around 0.1% stronger than its previous close.
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