(Reuters) - South Africa's rand slipped more than one percent against the dollar on Monday, extending losses over the past week in line with other emerging markets, to touch a new one-month low.
The local currency was trading at 7.1950 against the greenback at 1035 GMT, 1.2 percent weaker than its New York close on Friday of 7.1125. It earlier hit 7.1999 to the dollar --its weakest level since June 27, according to Reuters data.
Read more at Reuters Africa
The local currency was trading at 7.1950 against the greenback at 1035 GMT, 1.2 percent weaker than its New York close on Friday of 7.1125. It earlier hit 7.1999 to the dollar --its weakest level since June 27, according to Reuters data.
Read more at Reuters Africa
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