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View Full Version : Rand Falls as Trade Deficit Widens to Record, Missing Estimates - Bloomberg



NewsWhore
02-27-2009, 09:34 AM
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Rand Falls as Trade Deficit Widens to Record, Missing Estimates (http://news.google.com/news/url?sa=T&ct=us/7-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Da5zoAJT66vZ0%26refer%3Dafrica&cid=1309021210&ei=f_qnSamtGoyxmAeUscH1Aw&usg=AFQjCNGhSJ86iecQh91p1H9rcA6bGgF7mQ)
Bloomberg
“Today’s data suggests South Africa’s current-account deficit is not going to narrow as fast as many people expect,” said Olgay Buyukkayali, an emerging-market currency strategist at Nomura Internatioanl Plc in London. “The current-account deficit ...


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