(AFX UK Focus) 2010-04-16 17:24 S.African rand, stocks fall on risk aversion, gold price
JOHANNESBURG, April 16 (Reuters) – South Africa’s rand slid against the dollar on Friday, tracking a weaker euro and as risk appetite waned, and banks and miners dragged the stock market off a 21-month high. Government bonds extended a recent rally, partly boosted by speculation interest rates may fall again. The rand was trading at 7.4030 against the dollar at 1550 GMT, 1.4 percent weaker than …
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