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South African rand on track to end four-week losing streak
Reuters says firmer gold prices and a subdued dollar supported the rand, while lower oil prices offered relief.
TLDR
Reuters reported on October 9 that the South African rand was on track to finish the week stronger, which would end a four-week losing streak. Firmer gold prices and a subdued dollar supported the currency, while lower oil prices offered relief to South Africa, a net energy importer.
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