In early European deals on Monday, the South African rand fell to a fresh 14-month low of 7.6045 against the U.S. dollar. The next downside target level for the South African currency is seen at 8.0. As of now, the dollar-rand pair is worth 7.590, compared to Friday's close of 7.4676.

US Dollar vs ZAR (FX:USDZAR)
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