(Reuters) - South Africa's rand weakened versus the dollar on Wednesday, while bonds also took a beating as nagging concerns about the U.S. subprime mortgage industry kept risk aversion among investors high.
At 1515 GMT, the rand stood at 7.0350 to the dollar, down 0.2 percent from Tuesday's close of 7.0240 in New York. It fell to 7.0635 earlier in the session.
Read more at Reuters Africa
At 1515 GMT, the rand stood at 7.0350 to the dollar, down 0.2 percent from Tuesday's close of 7.0240 in New York. It fell to 7.0635 earlier in the session.
Read more at Reuters Africa
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