South Africa's rand weakened early on Monday, reflecting the gloom in global markets as fears of a second wave of coronavirus infections around the world increased investor jitters ahead of a local emergency budget later this week. At 0700 GMT the rand was 0.49% weaker at 17.4050 per dollar from Friday's 17.3200 close, with the sell-trend that took root last week, pushing the currency to its lowest in June, set to continue until at least Wednesday's budget.
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