JOHANNESBURG, July 12 (Reuters) – South Africa’s rand fell
more than 1.5 percent to a near two-week low against the dollar
on Thursday as the greenback staged a broad-based rally on
sharply lower unemployment benefit claims data for the world’s
biggest economy.
The rand hit a session low of 8.3701/dollar, its softest
since June 29, and was trading at 8.3688 by 1417 GMT, down 1.53
percent on the day.
(Reporting by Stella Mapenzauswa; Editing by Ed Cropley)
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