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South African Rand
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South African rand stabilizes amid inflation, oil price dip
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Latest: South African Rand Stabilizes Near Month‑High as Oil Prices Slip
After a volatile late‑July period, the rand began to steady in early August. On 5 August the South African Reserve Bank again left its repo rate at 7 % despite June inflation remaining at 5 %. Governor Lesetja Kganyago t