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The Pound rallies while the Rand stays stuck in the mud



The past week we saw some incredible GBP strength, moving the Sterling to the highest point against many currencies since the Brexit referendum result last year. This comes as UK political uncertainty is reduced, following an unexpected early agreement on a Brexit transition deal. As such, the Rand weakened against the Pound, however, the local currency remained in a tight range against the USD.

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Published By: Thesouthafrican - Tuesday, 17 April