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South African rand steady ahead of labour data
The South African rand was steady in early trade on Tuesday ahead of the release of labour market data, with analysts expecting a modest uptick in the unemployment rate after rising fuel costs and heightened uncertainty weighed on economic activity in the second quarter of 2026. At 0600 GMT the rand traded at 16.18 against the dollar, little changed from its 16.1950 close.
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engineeringnews.co.za
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South African rand steady ahead of labour data
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