(Reuters) - South Africa's rand weakened versus the dollar on Monday as a slight bout of emerging market nerves hit investors and traders said the local unit would take cue from international stocks in overnight trade.
The rand was trading at 7.1285 versus the dollar at 1450 GMT, off its worst level of 7.1550 in the session. It was about 0.5 percent weaker than its last New York close of 7.09.
Read more at Reuters Africa
The rand was trading at 7.1285 versus the dollar at 1450 GMT, off its worst level of 7.1550 in the session. It was about 0.5 percent weaker than its last New York close of 7.09.
Read more at Reuters Africa
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