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Rand slides after retail sales data

15 Mar 2012
Johannesburg - The rand slid against the dollar in late afternoon trade on Wednesday after worse than expected local retail sales data as well as strong support for the greenback against the euro following remarks made yesterday by the Federal Open Market Committee (FOMC).

http://www.fin24.com/Markets/Currencies/Rand-slides-after-retail-sales-data-20120314