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2025-07-22 18:26
IndustrySouth African Rand Slides on Weak Mining Output
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South African Rand Slides on Weak Mining Output
The rand weakened after South Africa reported a sharp decline in mining production for May, raising concerns about the country’s export revenues. Traders are watching the central bank’s policy meeting later this week, where a neutral stance is expected amid sluggish growth.
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South African Rand Slides on Weak Mining Output
#communityAMA
South African Rand Slides on Weak Mining Output
The rand weakened after South Africa reported a sharp decline in mining production for May, raising concerns about the country’s export revenues. Traders are watching the central bank’s policy meeting later this week, where a neutral stance is expected amid sluggish growth.
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