In South Africa Rand extends losses, down more than 2 percent against dollar

The rand was up 2.19 percent at 14.5925 against the dollar by 1425 GMT.

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The hand of Former South African Reserve Bank Governor Gill Marcus is seen holding South Africa's new rand banknotes - which feature an image of former president Nelson Mandela on the front in a file photo. REUTERS/Siphiwe Sibeko play The hand of Former South African Reserve Bank Governor Gill Marcus is seen holding South Africa's new rand banknotes - which feature an image of former president Nelson Mandela on the front in a file photo. REUTERS/Siphiwe Sibeko
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South Africa's rand extended losses to more than 2 percent against the dollar, tracking an emerging market sell-off and companies buying the greenbacks after a long weekend, traders said.

The rand was up 2.19 percent at 14.5925 against the dollar by 1425 GMT.

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