Johannesburg - The rand fell 1.5%
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% at 8.4550 at 14:41 GMT, coming off slightly
from the session low of 8.4626.
