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Rand weakens ahead of manufacturing survey, car sales data release

Rand weakens ahead of manufacturing survey, car sales data release — photograph supplied by Sunday World

Image: Sunday World

The South African rand weakened in early trade on Thursday ahead of the release of a local manufacturing purchasing managers’ index (PMI) and vehicle sales data for September. • At 09:09 the rand traded at 16.4875 against the dollar, down about 0.3% from its previous close. • An Absa PMI survey is…

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