South Africa's rand weaker ahead of S&P decision
South Africa's rand weakened on Friday ahead of a review of its debt by S&P Global Ratings at a time its economy is struggling and the country is facing an ongoing power struggle within the ruling party. The government of Africa's most industrialised country's risks being downgraded to "junk" status - for the first time since 2000 - while it needs to borrow about 165 billion rand ($12 billion) this fiscal year to help plug its budget deficit. The Treasury warned last month that its borrowing
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