# A KPMG South Africa economist says a stronger rand cannot offset a global fuel price surge in September. Economist Frank Blackmore says the under-recovery for 95 octane petrol is one-rand-6-cents and for 93 octane 96-cents. Diesel under-recoveries are also high at two-rand-71-cents and two-rand-92-cents. Blackmore says while the rand strengthened from 16-rand-90 to 16-rand against the dollar, global fuel prices rose sharply, caused by the Russian-Ukrainian war:
KPMG South Africa economist says stronger rand cannot offset global fuel price surge [SOUND]
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