Rand at its lowest since November

THE rand fell to its lowest level since early November yesterday as investors dumped high-risk assets, and stocks fell for a second day as concern about the global economy sparked selling of resources-related shares.

THE rand fell to its lowest level since early November yesterday as investors dumped high-risk assets, and stocks fell for a second day as concern about the global economy sparked selling of resources-related shares.

The rand fell more than 2percent to 7,8925, its weakest level since November 3, as investors became more risk-averse. - Reuters

X