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economicJun 12, 2026

Peace hopes lift rand as oil tumbles

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Peace hopes lift rand as oil tumbles

Source: currentsapi — Read the full report

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  • currentsapi(Mixed)By Hanlie Nordejee

    - For more financial news, visit News24 Business. The rand strengthened by about 2% on Friday after US President Donald Trump cancelled planned strikes on Iran, saying that a peace deal could be signed this weekend. This could potentially open the Strait of Hormuz to shipping, bu…

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