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View Full Version : South African Rand Near 5 1/2-Year Low as US Bailout Rejected - Bloomberg



NewsWhore
09-30-2008, 07:01 AM
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South African Rand Near 5 1/2-Year Low as US Bailout Rejected (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaR6jzgtXLT9g%26refer%3Dafrica&cid=0&ei=CPrhSOSRJ5C--AGewu2cBg&usg=AFQjCNGidxa4rHqBelQTKGCKo5OoNjrEVg)
Bloomberg - 27 minutes ago
``The rand will retain a weakening bias because it tends to get murdered when risk aversion is high,&#39;&#39; said Michael Keenan, a Johannesburg-based currency ...


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