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Rand sinks after Trump questions land confiscation from white farmers in South Africa
The South African rand slumped almost two percent on Thursday, following US President Donald Trump’s tweet about the country’s land reforms. Trump’s comment raised fears about the possibility of US economic sanctions.
The currency fell to 14.43 per dollar after the Trump’s tweet before recovering to 14.22 per dollar during afternoon trading in Johannesburg.
Trump tweeted late on...
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