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View Full Version : Rand Rises to Six-Month High After Zuma Graft Charges Scrapped - Bloomberg



NewsWhore
04-06-2009, 09:10 AM
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Rand Rises to Six-Month High After Zuma Graft Charges Scrapped (http://news.google.com/news/url?sa=T&ct=us/8-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Da43DfQehrehA%26refer%3Dafrica&cid=1325626047&ei=nQDaScTABJGSQ43RsYkE&usg=AFQjCNHq6ptwC30OXMgPNGBrVuMZPqLttg)
Bloomberg
“There was never really a massive Zuma risk premium priced into South African assets,” said Bhanu Baweja, head of emerging-market currency strategy at UBS AG in London. “The one positive the market can take out of the decision is that Zuma will now ...


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