JOHANNESBURG: South Africa's rand fell more than 1.3 percent against the dollar on Thursday, tracking emerging market peers after a report said capital flows were projected to fall, weighed down partly by the prospect of higher U.S. interest rates.

The rand touched a session low of 12.1925/dollar, its weakest in five weeks, and was trading at 12.1775 by 1257 GMT, down 1.29 percent from Wednesday's close in New York.

Copyright Reuters, 2015