The rand was on track to break a four-week winning streak against the dollar on Friday, having been buffeted this week by rising Middle East tension and signs of hawkishness from the US Federal Reserve.
On Friday afternoon, the rand had lost 1.57% against the dollar for the week so far. It has, however, still gained 2.63% against the greenback over the past 30 days, making it the fourth-best performing emerging-market currency tracked by Bloomberg...
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