PDA

View Full Version : Rand Falls as Mboweni Says Economy in 1st Recession in 17 Years - Bloomberg



NewsWhore
04-07-2009, 08:00 AM
<img alt="" height="1" width="1">
Rand Falls as Mboweni Says Economy in 1st Recession in 17 Years (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaMWtYOVaNRjU%26refer%3Dafrica&cid=1328362442&ei=pTPbSaPeO4KmM52SqaAG&usg=AFQjCNEWn_9oa4t2nzFZe_QEyKGeWxiBRA)
Bloomberg
South Africa’s gold and foreign-currency reserves increased 1 percent in March as the central bank took advantage of a stronger rand to buy dollars. The rand has climbed 4 percent against the dollar this year, after a 2008 drop of 28 percent. ...


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%3DaMWtYOVaNRjU%26refer%3Dafrica&cid=1328362442&ei=pTPbSaPeO4KmM52SqaAG&usg=AFQjCNEWn_9oa4t2nzFZe_QEyKGeWxiBRA)