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Rand Hits Best Level in 8 Months, Experts See More Dollar Weakness

Summary by News24
The dollar was under pressure as US president Donald Trump warned he would start sending letters informing trading partners of their tariff rates as soon as Friday, as negotiations to avoid higher levies enter the final stretch.

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The president of the United States has explained that today 10 or 12 letters will be sent and in the next few days, they will all be there.

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FXStreet broke the news in on Friday, July 4, 2025.
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