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View Full Version : South African Rand Weakens on Eastern Europe, Manufacturing - Bloomberg



NewsWhore
03-02-2009, 07:50 AM
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South African Rand Weakens on Eastern Europe, Manufacturing (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Daq_AsSRLedck%26refer%3Dafrica&cid=1310078949&ei=qNarSdLPD43QM4yAnecD&usg=AFQjCNH1Svo7aZ7P7DZLnR7N2x6O4Por6A)
Bloomberg
“The EU aid rejection has prompted a wave of depreciation in all emerging-market currencies,” said Ulrich Leuchtmann, an emerging-markets currency strategist in Frankfurt at Commerzbank AG, Germany’s second-biggest lender. “Risk aversion is at such ...


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