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The South African rand weakened in early trade today, ahead of September producer inflation figures, and dragged down by a stronger dollar as U.S. Treasury yields spiked on fears that interest rates will remain high.
At 0624 GMT, the rand traded at 19.2150 against the dollar , about 0.5% weaker than its previous close. The dollar last traded around 0.2% stronger against a basket of global currencies.
Source: reuters.com
