Rand hits 6-month low

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IOL world currency1 Graphic: Renjith Krishnan.

South Africa's rand weakened over 1.8 percent to a six-month low against the dollar on Wednesday as political uncertainty in Greece fanned a fresh wave of risk aversion.

The rand hit a session low of 8.5055 to the greenback, its weakest level since late November last year, according to Reuters data. - Reuters


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