The South African rand was broadly flat in early trade on Monday, but market players were on edge after the currency struck a record low last week. The rand has had a torrid May, battered by crippling power cuts, a U.S. allegation that a Russian ship picked up weapons in South Africa last year, and the central bank fuelling concerns of further currency weakness. At 0622 GMT, the rand traded at 19.6450 against the dollar , not far from its Friday closing level of 19.6625 and down about 7% against the greenback this month. It hit a new all-time low of 19.8175 early on Friday after the South African Reserve Bank raised ... (full story)