Johannesburg - The rand fell to its weakest point in over 4-1/2 years on Thursday after it
broke through key technical levels as offshore investors dumped local
debt and shares.
The rand dropped over 1.1% to R10.5395/$, its weakest since March 2009.
The rand dropped over 1.1% to R10.5395/$, its weakest since March 2009.
Yields on the benchmark 2026 bond traded at multi-month highs of 8.545%.