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NewsWhore
04-15-2009, 08:12 AM
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Rand Declines Versus Dollar as Retail Sales Unexpectedly Plunge (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DatiKoYGULq_w%26refer%3Dafrica&cid=1333492845&ei=rdDlSczII5KEggOphLWJBw&usg=AFQjCNEe7yB8Z6wNXMVdntMECt501TX6-w)
Bloomberg
“The data was a lot worse than people thought, which shows that it’s going to take time for the economy to recover despite easing monetary policy,” said Kay Walsh, an economist and currency researcher at Rand Merchant Bank in Johannesburg. ...


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