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South Africa's rand weakens before local data, budget briefing - REUTERS
JOHANNESBURG, April 30 (Reuters) - The South African rand slipped in early trading on Wednesday before local trade and budget data and a briefing by the finance minister on the country's contested budget.
At 0825 GMT, the rand traded at 18.63 against the dollar , roughly 0.4% weaker than Tuesday's closing level.
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Finance Minister Enoch Godongwana will brief reporters from 1000 GMT on the next steps for the budget after he scrapped a fiercely-opposed increase in value-added tax and a court set aside parliament's adoption of the fiscal framework.
