South African bank notes featuring images of former South African President Nelson Mandela (R) are displayed next to the American dollar notes in this photo illustration in Johannesburg August 13 2014. REUTERS/Siphiwe Sibeko/File Photo

JOHANNESBURG, April 9 (Reuters) – South Africa’s rand touched a new all-time low against the U.S. dollar on Wednesday, under pressure from global risk aversion over U.S. President Donald Trump’s tariffs and uncertainty about the future of the local coalition government.

The rand fell as low as 19.9325 to the dollar, weaker than the previous record low of 19.9075 struck in June 2023, data from the London Stock Exchange Group showed.

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(Reporting by Tannur Anders; Editing by Alexander Winning)