PDA

View Full Version : South African Rand Gains in Week Against Euro on Rate Advantage - Bloomberg



NewsWhore
07-04-2008, 11:20 AM
<img alt="" height="1" width="1">
South African Rand Gains in Week Against Euro on Rate Advantage (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DayS17a8ydcU0%26refer%3Dafrica&cid=0&ei=OkBuSM-5PI7w_AHNwNSTAg&usg=AFQjCNEBI9WZz1p1eJDzegThESrJ3fl7yw)
Bloomberg - 13 minutes ago
In carry trades, investors borrow a currency at a low interest rate and convert the proceeds into one they can lend out for a higher return, ...


More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DayS17a8ydcU0%26refer%3Dafrica&cid=0&ei=OkBuSM-5PI7w_AHNwNSTAg&usg=AFQjCNEBI9WZz1p1eJDzegThESrJ3fl7yw)