South African Rand Weakens Following Drop in Mining Output
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South African rand weakened against US dollar after drop in monthly mining output.
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Mining production fell 3.6% year-on-year in July, versus predicted 0.5% increase.
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Dollar strength seen as bigger factor in rand's fall.
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Investors look ahead to South African inflation data and interest rate decision next week.
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Johannesburg Stock Exchange closed higher, with main indices up over 1.4%.
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