×
NewsDay

AMH is an independent media house free from political ties or outside influence. We have four newspapers: The Zimbabwe Independent, a business weekly published every Friday, The Standard, a weekly published every Sunday, and Southern and NewsDay, our daily newspapers. Each has an online edition.

S.Africa's rand hits fresh 2012 low vs dollar

News
JOHANNESBURG – The rand fell 1.5 percent to hit a fresh 2012 low against the dollar in the afternoon session on Wednesday as the euro currency plunged below $1.26. The local unit often tracks moves on the euro as the region is a major trading partner for South Africa. The rand was down 1.38 percent […]

JOHANNESBURG – The rand fell 1.5 percent to hit a fresh 2012 low against the dollar in the afternoon session on Wednesday as the euro currency plunged below $1.26.

The local unit often tracks moves on the euro as the region is a major trading partner for South Africa. The rand was down 1.38 percent at 8.4550 at 1441 GMT, coming off slightly from the session low of 8.4626.