PDA

View Full Version : Rand Pares Weekly Gain After Trade Deficit Widens to Record - Bloomberg



NewsWhore
02-28-2009, 08:23 AM
<img alt="" height="1" width="1">
Rand Pares Weekly Gain After Trade Deficit Widens to Record (http://news.google.com/news/url?sa=T&ct=us/7-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Da1m1.tCNM1NY%26refer%3Dafrica&cid=1309405178&ei=XjupScW1LZPaMf-irfMD&usg=AFQjCNFNUOFKsBC75X51g_ISsz14KBhkvA)
Bloomberg
The 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 remains ...


More... (http://news.google.com/news/url?sa=T&ct=us/7-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Da1m1.tCNM1NY%26refer%3Dafrica&cid=1309405178&ei=XjupScW1LZPaMf-irfMD&usg=AFQjCNFNUOFKsBC75X51g_ISsz14KBhkvA)