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Rand Rises to Highest in Week, Bond Yields Tumble on Euro Accord

The rand advanced to a more than one-week high against the dollar and yields fell to six-week lows after European leaders agreed a plan to stem the region’s debt crisis, whetting investor appetite for riskier assets. South Africa’s currency strengthened 2.1 percent to 7.8363 per dollar by 10:25 a.m. in Johannesburg from yesterday’s London close….