(Reuters) - South African government bonds weakened on Wednesday after official figures showed inflation soaring to a near four-year record of 6.3 percent year-on-year in April, hardening the case for higher interest rates.
The rand currency tracked bonds lower, extending its session losses against the dollar to touch 6-week lows against the dollar.
Read more at Reuters Africa
The rand currency tracked bonds lower, extending its session losses against the dollar to touch 6-week lows against the dollar.
Read more at Reuters Africa
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