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Daniel Mminele

“The most recent exchange rate movements, including today’s, are somewhat exaggerated… the local currency has been on a depreciating trend partly due to the strengthening of the dollar and the decline in commodity prices.”

Reserve Bank deputy governor Daniel Mminele speaking at the 7th Annual Financial Markets Department Cocktail (SA Commercial Prop-News: Rand weakening exaggerated, says Reserve Bank deputy governor)  

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