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View Full Version : Rand Advances on Bets Manufacturing Slump May Spur Rate Cuts - Bloomberg



NewsWhore
04-01-2009, 07:10 AM
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Rand Advances on Bets Manufacturing Slump May Spur 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%3DasY4T0_dEAec%26refer%3Dafrica&cid=1323767774&ei=1UzTSeGZO4uwMozczNcI&usg=AFQjCNFcuQ9gm4oTZhM3nQEHWR_mN71BtQ)
Bloomberg
“Over time that will lend support to the currency.” The rand gained 0.4 percent to 9.4675 per dollar by 11:15 am in Johannesburg, from 9.5026 yesterday. Earlier it slipped as much as 1.3 percent. The PMI, which measures new sales orders, ...


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