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Rand Reverses Decline, Trades 0.2% Stronger Against Dollar

South Africa’s rand reversed its earlier decline against the dollar, trading 0.2 percent stronger at 8.2447 as of 10:23 a.m. in Johannesburg.

Earlier, the currency weakened as much as 0.4 percent.

To contact the reporter on this story: Stephen Gunnion in Johannesburg at sgunnion@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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