NewsWhore
02-20-2009, 06:42 AM
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Rand Depreciates, Extending Week’s Drop, on Recession Concern (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Da_ByuJPVWtnI%26refer%3Dafrica&cid=0&ei=f4meSdDxI4rGMvzw3IAI&usg=AFQjCNE0jmrNLElttEWjfNYE3jCG2BUv-w)
Bloomberg
“If growth is slower than expected it would have negative consequences for the rand,” said Jon Harrison, an emerging- markets currency strategist at Dresdner Kleinwort in London. “The rand is a high-beta, emerging-market currency and is likely to ...
More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Da_ByuJPVWtnI%26refer%3Dafrica&cid=0&ei=f4meSdDxI4rGMvzw3IAI&usg=AFQjCNE0jmrNLElttEWjfNYE3jCG2BUv-w)
Rand Depreciates, Extending Week’s Drop, on Recession Concern (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Da_ByuJPVWtnI%26refer%3Dafrica&cid=0&ei=f4meSdDxI4rGMvzw3IAI&usg=AFQjCNE0jmrNLElttEWjfNYE3jCG2BUv-w)
Bloomberg
“If growth is slower than expected it would have negative consequences for the rand,” said Jon Harrison, an emerging- markets currency strategist at Dresdner Kleinwort in London. “The rand is a high-beta, emerging-market currency and is likely to ...
More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Da_ByuJPVWtnI%26refer%3Dafrica&cid=0&ei=f4meSdDxI4rGMvzw3IAI&usg=AFQjCNE0jmrNLElttEWjfNYE3jCG2BUv-w)