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South African Rand Feels Pain From Turkey Turmoil

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South African Rand Feels Pain From Turkey Turmoil

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Currencies

News : Business

South African Rand feels pain from Turkey turmoil

By Bloomberg
14 Aug 2018 | 6:11 am | 1m 11s

Emerging market currencies are feeling the pain from Turkey's meltdown. South Africa's rand plunged the most in almost a decade and the Mexican peso slumped as the lira continued to tumble for a fourth day.

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