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JOHANNESBURG - The rand continues to hover around two-year lows against the US dollar at R17.30 to the dollar.
Analysts say local price rises may take longer to ease if the rand continues to weaken.
The rand is weakening is due to a stronger dollar.
The US currency has been strengthening as investors flee to it due to fears of a global recession and higher interest rates in that country.
A weaker rand stokes inflation and supports the case for the Reserve Bank to increase interest rates further.