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JOHANNESBURG (Reuters) - South Africa's rand continued a downward spiral against the dollar on Tuesday, tumbling to fresh eight-month lows after the revenue service reported a sharp widening of the trade deficit. The trade account recorded a 16.3 billion rand ($1.44 billion) shortfall in August, its biggest gap in seven months. The poor trade data compounds South Africa's economic problems brought about by expected policy normalisation in the United States. South Africa's wide current account deficit, fed by a gaping trade deficit, puts the rand at the forefront of the emerging market ...
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