NewsWhore
03-12-2009, 12:30 PM
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Rand Strengthens on Speculation Bank May Accelerate Rate Cuts (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Da1aZAAPYTmPw%26refer%3Dafrica&cid=1314389809&ei=bTm5ScLUIYrGMuuO_ekJ&usg=AFQjCNF10ywil9xICdfwANSsTSMOiv8UrA)
Bloomberg
The rand fell as much as 2 percent earlier after Moody’s Investors Service said it may downgrade the nation’s local- currency rating because of a widening budget deficit. “There’s been a rumor doing the rounds of a possible early rate cut,” said Russel ...
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%3Da1aZAAPYTmPw%26refer%3Dafrica&cid=1314389809&ei=bTm5ScLUIYrGMuuO_ekJ&usg=AFQjCNF10ywil9xICdfwANSsTSMOiv8UrA)
Rand Strengthens on Speculation Bank May Accelerate Rate Cuts (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Da1aZAAPYTmPw%26refer%3Dafrica&cid=1314389809&ei=bTm5ScLUIYrGMuuO_ekJ&usg=AFQjCNF10ywil9xICdfwANSsTSMOiv8UrA)
Bloomberg
The rand fell as much as 2 percent earlier after Moody’s Investors Service said it may downgrade the nation’s local- currency rating because of a widening budget deficit. “There’s been a rumor doing the rounds of a possible early rate cut,” said Russel ...
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%3Da1aZAAPYTmPw%26refer%3Dafrica&cid=1314389809&ei=bTm5ScLUIYrGMuuO_ekJ&usg=AFQjCNF10ywil9xICdfwANSsTSMOiv8UrA)