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South African rand firms after big fall following Trump victory - REUTERS

NOVEMBER 14, 2024

JOHANNESBURG, Nov 13 (Reuters) - South Africa's rand firmed in early trading on Wednesday after three days of heavy losses as markets fretted over what U.S. President-elect Donald Trump's policies could mean for trade relations.

At 0736 GMT, the rand traded at 18.05 against the U.S. dollar , about 0.4% stronger than its previous close.
The currency has been highly volatile, losing about 4% against the greenback since the U.S. election on Nov. 5.

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