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



NewsWhore
07-04-2008, 12:30 PM
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South African Rand Gains in Week Against Euro on Rate Advantage (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DayS17a8ydcU0%26refer%3Dafrica&cid=1225950097&ei=kFBuSMabO5Dq_AHS4aWoDA&usg=AFQjCNELrAmsSltgyRXKIeSn_SZmfEOSlg)
Bloomberg - 1 hour 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, ...


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