South Africa's rand shed over 1.60% to four-month lows against the dollar in early Monday trade and was seen giving up more value during the week, weighed down by turmoil in equity markets.
The rand was at R7.5250 against the greenback at 09:00, its weakest level since October 31 last year, down from a close of R7.4085 in New York on Friday.
Read more at FIN24.co.za
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