PDA

View Full Version : South African Rand Drops Versus Dollar as Credit Crisis Spreads - Bloomberg



NewsWhore
09-29-2008, 09:10 AM
<img alt="" height="1" width="1">
South African Rand Drops Versus Dollar as Credit Crisis Spreads (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Das5Iv6.PLvsg%26refer%3Dafrica&cid=0&ei=2dTgSL-NH5Xs-AH_rIWRAQ&usg=AFQjCNFAZJ34F_NhWjqmoW1HxMBlVCp96Q)
Bloomberg - 22 minutes ago
``I think it&#39;s a risk-aversion trade and emerging markets are going to suffer,&#39;&#39; said Kimon Boyiatjis, a currency trader in Cape Town at Trident Capital, ...


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%3Das5Iv6.PLvsg%26refer%3Dafrica&cid=0&ei=2dTgSL-NH5Xs-AH_rIWRAQ&usg=AFQjCNFAZJ34F_NhWjqmoW1HxMBlVCp96Q)