Market News
South African rand hits three-month low as markets ponder Trump policies - REUTERS
JOHANNESBURG, Nov 12 (Reuters) - South Africa's rand hit a three-month low on Tuesday, hurt by a stronger dollar and weaker gold prices, as markets grappled with what another Donald Trump presidency will mean for U.S. policy and trade relations.
At 1030 GMT, the rand traded at 18.0850 against the dollar , down about 0.9% on its previous close, after earlier touching its weakest level since mid-August.
The risk-sensitive rand has been highly volatile since Trump's U.S. election win last week and is on course for its third day of heavy losses.
