KM Financial Solutions | UPDATE 1-South Africa’s rand retreats as U.S.-China tensions dim risk appetite
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UPDATE 1-South Africa’s rand retreats as U.S.-China tensions dim risk appetite

UPDATE 1-South Africa’s rand retreats as U.S.-China tensions dim risk appetite

South Africa’s rand
weakened on Friday as the emergence of a fresh source of tension
between the United States and China after Beijing moved to
impose a new security law on Hong Kong hurt demand for
currencies seen as higher risk.

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