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Obama Wins Second Term

Barack Obama, the incumbent US president, has won a second term of four years in the US Presidential election.

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Rand Strengthens on Obama Win

| News by Staff Reporter

The Rand strengthened against most major currencies today.


The Rand strengthened against most major currencies today on the Obama win in the U.S. Presidential election, at one stage touching R8,61 to the US Dollar.

The second term win for the US President saw most emerging markets strengthening on the perception of more certainty in global financial markets.


Source: www.bizpremises.co.za

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