South African rand weakens as appetite for emerging assets wanes

14 Mar, 2016

JOHANNESBURG: South Africa's rand slipped more than one percent against the dollar as appetite for emerging assets was dented by a firming dollar in cautious trade ahead of the interest rate decision on Thursday.

At 0805 GMT the rand weakened 1.05 percent to 15.3815 per dollar.

Copyright Reuters, 2016

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