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South African rand strengthens after domestic data-heavy day

APRIL 30, 2026

JOHANNESBURG, April 30 (Reuters) – The South African rand strengthened on Thursday as markets assessed a batch of monthly domestic data for clues to the health of Africa’s most industrialised economy.

At 1425 GMT, the rand traded at 16.7250 against the dollar, up about 0.6% from its previous close.

The dollar slid after Japanese officials signalled possible intervention to support the yen, while oil prices jumped briefly above $126 a barrel on fears the U.S.-Iran war c

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