South Africa's rand fell sharply against major currencies on Tuesday, following other emerging markets and equities lower as investors dropped riskier assets.
The local currency fell by up to 1.9 percent against the dollar in a nervous market that ignored better-than-expected economic growth data for Africa's biggest economy.
It was trading at 7.1899 against the greenback at 1515 GMT, 1.5 percent weaker than its previous close in New York of 7.0825 but off the session's trough of 7.2150.
It was last trading at around 9.50 to the euro, about 20 cents weaker on the day.
Traders said a drop in global equities hit emerging markets and yanked the rand out of its recent range of between 7.05 and 7.15 to the dollar.
Read more at Reuters South Africa
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