(Reuters) - South Africa's rand opened steady on Wednesday after a sharp fall overnight and government bonds weakened as high yields in U.S. Treasuries led investors away from emerging markets.
The rand shed 0.6 percent against the dollar after local markets closed, briefly touching the 7.30 mark in New York. It stood at 7.2735/dlr at 0640 GMT, 0.3 percent firmer than Tuesday's New York close of 7.2980.
Read more at Reuters Africa
The rand shed 0.6 percent against the dollar after local markets closed, briefly touching the 7.30 mark in New York. It stood at 7.2735/dlr at 0640 GMT, 0.3 percent firmer than Tuesday's New York close of 7.2980.
Read more at Reuters Africa
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