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Health Minister Urges Restrictions Review

SOUTH AFRICA

South Africa's health minister urged a review of current restrictions and called for further measures to curb the spread of Covid-19 after a record surge in the number of infections.

  • "The rate of spread is much faster than the first wave and we will surpass the peak of the first wave in the coming days."

USDZAR contained in 14.57-14.6150 range with no domestic event risk/data as we approach the holiday period - Local markets will close early, at 12pm.

  • Separately, Treasury will offer 12.95 billion rand of bonds in an auction.

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