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View Full Version : South Africa's Rand Declines Against Dollar for a Second Day - Bloomberg



NewsWhore
08-25-2008, 06:24 AM
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South Africa&#39;s Rand Declines Against Dollar for a Second Day (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaJ0Q687JkNuw%26refer%3Dafrica&cid=1239759191&ei=yIiySIf6EaXu-gGwzYDqAg&usg=AFQjCNGBnwSScrw6hrP9r7aJzTRAMKI2Aw)
Bloomberg - 32 minutes ago
In such transactions, investors borrow a currency at a low interest rate and invest the proceeds in markets where returns on assets are higher. ...


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