South Africa's rand weakens over poor China trade figures
South Africa's rand retreated early on Monday following firmer trade overseas, giving up its earlier momentum as markets fretted over global growth after data showed Chinese imports had fallen dramatically in January. Trade figures from the world's number two economy, and a major export destination for South Africa, revealed a fourth straight month of declines, with imports plummeting 19.9 percent while exports also declined. Signs of continued weakness in the Chinese economy coupled w
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