South African rand tumbles as markets tilt towards Trump win
JOHANNESBURG, Nov 6 (Reuters) -The South African rand tumbled nearly 2.5% against the dollar early on Wednesday, as markets tilted towards a win for Donald Trump in the U.S. election.
At 0700 GMT, the rand traded at 17.8075 against the dollar ZAR=D3.
South Africa's benchmark 2030 government bond ZAR2030= also slumped in early deals, with the yield up 12.5 basis points to 9.44%.
Reporting by Bhargav Acharya;
Editing by Alexander Winning
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