Rand falls to six-month low as S. Africa projects wider deficits

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Rand falls to six-month low as S. Africa projects wider deficits

*Both growth and revenue to fall short of earlier estimates *Currency seen sliding further in the run-up to ANC conference 27 October 2017, Johannesburg — The rand slid to the lowest in more than six months after South Africa forecast wider fiscal deficits over the next three years. The currency fell for a fourth day …

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