South African rand tumbles

14 Nov, 2015

Stocks ended in the red and the rand weakened against the dollar on Friday, reacting to falls in commodity prices which tumbled to multi-year lows on worries over a glut in supply and slower global economic growth. At 1536 GMT the rand was 0.66 percent weaker at 14.4100. The blue-chip Top-40 index ended 1.73 percent down to 45,979 points and the broader All-share index slipped 1.65 percent to 51,199 points.

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