Markets

South Africa's rand falls on global growth jitters

Published October 3, 2012 Updated October 3, 2012 07:58am

 

Analysts also said sentiment toward the currency was still soured by Reserve Bank Governor Gill Marcus saying on Tuesday that current levels of foreign flows into South Africa's bond market were not sustainable.

 

At 0722 GMT, the rand was 0.82 percent lower at 8.4327/dlr after earlier easing as low as 8.45.

 

Copyright Reuters, 2012