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View Full Version : Rand Heads for Second Weekly Gain on Interest Rate Outlook - Bloomberg



NewsWhore
03-20-2009, 09:51 AM
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Rand Heads for Second Weekly Gain on Interest Rate Outlook (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Da1ePWwz9ojxs%26refer%3Dafrica&cid=1317582049&ei=dpLDScm7GZyYgwOF1o38Dg&usg=AFQjCNGKJA6NJ_89cDsnBuhArhlwdKJX6Q)
Bloomberg
South Africa’s benchmark FTSE/JSE Africa All Share Index of stocks has rallied 4 percent this week, also boosting the rand on demand for shares denominated in the local currency. Government bonds weakened for the week with the yield on the benchmark ...


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