Weaker dollar boosts South Africa's rand, stocks edge higher

South Africa's rand reversed earlier losses against the dollar on Tuesday, helped mainly by the greenback's weakness in the wake of data that undermined the case for a U.S. rate hike. Having earlier hit a session low of 14.5350/dollar, the rand clawed its way back to 14.3940 by 1530 GMT, up 0.4 percent from Monday's New York close at 14.4510. The rand's gains reflected general dollar weakness after weaker-than-expected U.S. economic data reinforced views that the Federal Reserve would take a dov