The rand weakened against the dollar on Wednesday after a choppy session which saw the currency hit by poor trade numbers and continuing emerging market nervousness.
The rand zig-zagged in a 7-cent band in the session, losing about 0.7% after the trade numbers showed that South Africa's deficit ran at R11.9bn in January after a R0.39bn surplus in December.
At 17:25, the rand stood at R7.2880/$, slightly weaker than its New York close of R7.2780, and traders said the currency's short-term outlook was shaky in light of continuing global uncertainties.
Read more at FIN24.co.za
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