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Regardless of what the US dollar does, the rand will only improve again when South African workers have learned what productivity is.
They also sell custom versions of their shoes, to include an extended rand .
He said strong exports will mean that the South African rand will stay stable against the US dollar.
Grain SA chairman Bully Botma said the recovery of the rand against the dollar over the past few days had led to a significant reduction in grain prices.
When the bid failed the rand fell against the dollar and shares dropped by 0.7 percent.
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