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South Africa's rand weakens on post-holiday surge in import demand

A shopkeeper counts out change above her cash box at her shop in Hillcrest, west of Durban, South Africa, January 11, 2016. REUTERS/Rogan Ward (Reuters)

JOHANNESBURG (Reuters) - South Africa's rand fell more than 1 percent against the dollar on Tuesday, weighed down by a combination of global risk aversion and a surge in domestic corporate import demand following a public holiday on Monday. The rand hit a session low 14.4265 to the greenback and was trading 0.9 percent weaker at 14.4150 by 1027 GMT. (Reporting by Zimasa Mpemnyama; Editing by James Macharia)