Johannesburg - The rand fell 2.2% to a fresh three-year low
against the dollar on Friday after below-consensus US jobs data pointed to a
slowdown in the world’s largest economy.
The rand briefly touched R8.71 to the dollar, its weakest
since May 2009, before coming back slightly to R8.6670 by 12:36 GMT.
Analysts say the currency may fall as far as R8.80 in the
short term.