South African rand weakens after strong U.S. jobs data; stocks slide.
Like most emerging market currencies, the rand is highly susceptible to global drivers such as U.S. monetary policy.The dollar index , which measures the greenback against six major rivals, was up 0.089% to 112.35.
U.S. inflation data, due next week, will be watched closely as well and could prove influential in setting investors' expectations for the Fed, according to strategists.
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