
[miningmx.com] – THE risk of more labour disruption in South Africa’s mining sector, and disappointing growth data, could see the rand test 10 to the dollar as it hit a new four-year low on May 29, BDLive reported.
The local currency has fallen more than 15% this year, coming within range of the psychological R10/$ mark, and touching a low of R9,85 during the day on Wednesday, BDLive said.
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