Sundaymail Editor
The South African rand slipped early on Tuesday, as a surprisingly large rate hike in Australia heightened global investor caution.
The Reserve Bank of Australia raised interest rates by the most in 22 years, stunning markets in the lead-up to US inflation data and central bank meetings in Europe and the United States. read more
At 0642 GMT, the rand traded at 15,5100 against the dollar, around 0,5 percent weaker than its previous close. – Reuters
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