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The rand was weaker against major currencies in late afternoon trade yesterday on the back of importer demand for dollars, a softer euro and a lower gold price.
Nico Kelder, economist at the Efficient Group reports that small caps and gold shares made the most of the day.
RMB AM and Business Day report that the rand was stronger against major currencies in late afternoon trade yesterday in a flow-driven market.
RMB AM and Business Day report that European stocks snapped a two-day winning streak yesterday.
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