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South African rand firms as dollar softens after US private jobs data

The South African rand strengthened on Wednesday as the dollar weakened following U.S. private payrolls data indicating slower job growth, supporting expectations for a more cautious Federal Reserve policy path.

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The South African rand firmed on Wednesday as the dollar weakened after U.S. private payrolls data showing slower job growth, which reinforced expectations of a more cautious Federal Reserve policy path.