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View Full Version : South African Rand Rises Against Dollar on Higher Rates Outlook - Bloomberg



NewsWhore
07-28-2008, 05:13 AM
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South African Rand Rises Against Dollar on Higher Rates Outlook (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaWQY8xECMETo%26refer%3Dafrica&cid=0&ei=UY6NSKGoMYLI-wHmxtn2Bg&usg=AFQjCNEn0yxVMc_20QLutYf2ErAQJ7Yenw)
Bloomberg - 21 minutes ago
``A poor inflation number increases the chance of a rate hike and that would be rand positive,&#39;&#39; said Kay Muller, a currency strategist at Rand Merchant ...


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