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News 2026-10-15 06:52 UTC

South African rand edges up as next week's medium — term budget draws focus

JOHANNESBURG, Oct 15 (Reuters) — The South African rand edged up in early trade on Thursday as the dollar slipped from an 18-month peak, with investors looking ahead to next week's medium-term budget for clues on the country's fiscal outlook and credit rating prospects. At 0638 GMT, the rand traded at 16.5575 against t