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South African rand regains some ground after US pauses tariffs - REUTERS

APRIL 10, 2025

JOHANNESBURG, April 10 (Reuters) - South Africa's rand firmed in early trade on Thursday, recouping some of its recent loss as investors took a breather after U.S. President Donald Trump announced an immediate 90-day tariff pause for many countries.

At 0631 GMT, the rand traded at 19.25 against the U.S. dollar , about 0.4% stronger than its previous close.

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The local currency hit a record low of 19.9325 on Wednesday, the day Trump's country-specific import tariffs kicked in.

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