johannesburg june 23 reuters  south africas rand weakened against the us dollar in early trade on friday as concerns about global economic growth weighed on risk sentiment at 0727 gmt the rand traded at 186300 against the dollar  054 weaker than its previous close hawkish comments from global central banks including the us federal reserve stoked fears that their aggressive monetary tightening could push economies into a deeper downturn the safehaven dollar was buoyed by the comments and was last trading up 062 at 1032 against a basket of six currencies this morning the rand has opened weaker at 1860 aligning with the strength of the dollar and there is a possibility of further losses towards the 1875 level in the near future said andre cilliers a currency strategist at treasuryone the risksensitive rand like most emerging market currencies often takes cues from global drivers such as us monetary policy and the dollar in the absence of local economic data points in the stock market both the top40 jtopi index and the broader allshare jalsh were down nearly 03 in early trade south africas benchmark 2030 government bond was weaker in early deals with the yield up 6 basis points to 10755