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South Africa’s rand edges firmer as risk demand strained

South Africa’s rand edged firmer early on Tuesday ahead of mining production data, clinging on to recent gains as investors continued to see value in holding the high-yielding currency despite signs of a creaking economy and climbing COVID-19 cases. At 0700 GMT, the rand was 0.18% firmer at 16.8125 per dollar, backtracking slightly from Monday’s…

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