At 1500 GMT the rand traded at 14.40 to the dollar, a 1.03% retreat from its New York close on Tuesday.
JOHANNESBURG - The rand slipped to a three-week low on Wednesday as the consumer confidence index showed a decline in the first quarter of 2019, while stocks also weakened.
Consumer confidence dipped in the first quarter of 2019 to +2 from +7 in the final quarter of 2018. Consumers were neither optimistic nor pessimistic about the outlook two weeks ahead of a national election seen as a referendum on the economy.
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