Markets

South African rand touches fresh lows in nervous trade ahead of ratings review

Published December 1, 2015 Updated December 1, 2015 02:57pm

1 min

By Shoaib Ur Rehman

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JOHANNESBURG: The rand fell to an all-time low against the greenback despite broadbased dollar weakness on Tuesday, with traders citing nervousness ahead of credit ratings reviews on Friday which could see a downgrade for South Africa.

The rand briefly touched 14.4950 against the dollar, its weakest on record according to Thomson Reuters data.

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