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ZAR climbs to the best levels of the...>

SOUTH AFRICA
SOUTH AFRICA: ZAR climbs to the best levels of the session, pressuring USD/ZAR
down to 17.7360 and a new two-month low as the South African Reserve Bank cuts
the main repo rate by 50bps, despite just 3 of the 5 MPC members voting for a
50bps cut (the other two favoured just a 25bps cut).
- Gap support at 17.6741 is next key level ahead of the 17.2810 Fib retracement
for the January-April rally (38.2%).

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