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| Moody's keeps South Africa rating at investment grade, revises outlook In April, Fitch downgraded the rating to sub-investment grade after Zuma abruptly fired Pravin Gordhan as finance minister, saying it would likely result in a change in economic policy direction. It kept both local and foreign currency credit ratings unchanged at BB+ in November, with a stable outlook.
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| Ringgit to trade between 3.89 and 3.94 against USD next week "Intense focus remains on China and US trade relations, which should keep local currencies including the ringgit in a defensive posture," he told Bernama. FXTM Global Head of Currency Strategy & Market Research, Jameel Ahmad said macro-economic data with the US Gross Domestic Product report ...
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