The rand fell 1.5 percent against the dollar in midday trade, extending earlier losses as the risk-off trade weighed on emerging market currencies.
|||The rand fell 1.5 percent against the dollar in midday trade on Monday, extending earlier losses as the risk-off trade weighed on emerging market currencies.
The rand was at 6.995 to the dollar, just shy of the psychologically key 7.0 level and 1.5 percent weaker than Friday's New York close of 6.8875. - Reuters
Source: http://www.iol.co.za/rand-weakens-over-1-5-1.1101113
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