JOHANNESBURG (Reuters) - South Africa's rand fell by more than 2 percent against the dollar on Friday, as investors sold it off after global markets plunged on policymakers' failure to reach agreement on a bailout plan for the U.S. auto industry.
At 0815 GMT, the rand was trading at 10.1750 to the dollar, about 1.95 percent weaker than its last New York close of 9.98 on Thursday. It hit 10.2150 earlier.