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flag South African rand hits near-record low against USD due to Trump's tariffs and local political instability.

flag The South African rand hit near-record lows against the US dollar due to global economic uncertainty caused by US President Donald Trump's tariffs and local political instability within South Africa's ruling coalition. flag This depreciation affects consumer prices and interest rates, potentially leading to higher inflation and reduced consumer spending. flag The currency's weakness is exacerbated by global risk aversion and political tensions.

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