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USD/ZAR eased slightly after Q4 growth data

Tuesday, February 24, 2015 10:20 AM UTC

Better than expected Q4 GDP, 1.3% q/q just below Q3 1.4% pace
Annual growth of 4.1% vs 1.4% Q3
USD/ZAR fell to 11.6380 after the data but bids soon appeared
Leverage names still buying dollars and stops pushed sub-11.5800
Bond auctions, 2.9/3.7 B/C 2030/2037/2048s 8.045/8.255/8.30%

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USD/ZAR eased slightly after Q4 growth data

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