Rand weaker in thin post-Christmas trade

THE rand was weaker against major currencies in thin trade on Monday (28/12/2015) morning.

At 8.30am‚ the rand was at R15.3058 against the dollar from a previous close of R15.1286.

Against the euro the rand slipped to R16.7921 from R16.6794 previously and fell to R22.8500 against the pound from R22.7132.

The euro was at $1.0969 against the dollar from a previous close of $1.0951.

The rand will likely remain volatile as the year draws to an end amid a lack of fresh trading cues.