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South Africa’s rand tumbles as political risks weigh

PUBLISHED: Tue, 28 Mar 2017 10:36:41 GMT

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South Africa’s rand and government bonds extended losses early on Tuesday after President Jacob Zuma asked Finance Minister Pravin Gordhan to return early from an investor roadshow, triggering speculation of an imminent cabinet reshuffle.

(Reporting by Olivia Kumwenda-Mtambo; Editing by Andrew Heavens)


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