NewsWhore
02-27-2009, 04:10 AM
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Rand Falls Against Dollar on Speculation Trade Deficit Widened (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DahN0JrfYDk68%26refer%3Dafrica&cid=1307719972&ei=ma6nScyQJJTGM_ybifgD&usg=AFQjCNE3IUU65RZjo8a9HZiN2BSEqSHL-Q)
Bloomberg
“We expect a deterioration in the trade balance because of South Africa’s strong reliance on imported capital equipment and oil,” said Nema Ramkhelawan, a currency strategist at Rand Merchant Bank in Johannesburg. “The current-account deficit remains ...
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%3DahN0JrfYDk68%26refer%3Dafrica&cid=1307719972&ei=ma6nScyQJJTGM_ybifgD&usg=AFQjCNE3IUU65RZjo8a9HZiN2BSEqSHL-Q)
Rand Falls Against Dollar on Speculation Trade Deficit Widened (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DahN0JrfYDk68%26refer%3Dafrica&cid=1307719972&ei=ma6nScyQJJTGM_ybifgD&usg=AFQjCNE3IUU65RZjo8a9HZiN2BSEqSHL-Q)
Bloomberg
“We expect a deterioration in the trade balance because of South Africa’s strong reliance on imported capital equipment and oil,” said Nema Ramkhelawan, a currency strategist at Rand Merchant Bank in Johannesburg. “The current-account deficit remains ...
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%3DahN0JrfYDk68%26refer%3Dafrica&cid=1307719972&ei=ma6nScyQJJTGM_ybifgD&usg=AFQjCNE3IUU65RZjo8a9HZiN2BSEqSHL-Q)