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USDZAR Turns Positive, Tests Back Above 15.00

SOUTH AFRICA

The rand paring gains since the unchanged decision, slipping into negative territory for the session with USDZAR back above 15.00, approaching initial resistance at 15.0402, Mar 12 high.

  • Notable headline from SARB: Ready to intervene in govt. bond mkt at signs of stress (bbg)

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