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View Full Version : Rand Snaps Two-Day Decline on Rate Cut Outlook, China Recovery - Bloomberg



NewsWhore
04-16-2009, 09:50 AM
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Rand Snaps Two-Day Decline on Rate Cut Outlook, China Recovery (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DapY9YaY9BnoM%26refer%3Dafrica&cid=0&ei=FyvnSZnPOZ_UkgTTx_ToBw&usg=AFQjCNHPvxKwOWHvkHo2YGsDXdk_GQFnQA)
Bloomberg
“Prospects for aggressive interest rate cuts are conducive for growth and that&#39;s positive for the currency over the longer term. Investors are very much focused on growth.” The rand gained 0.7 percent to 9.0472 per dollar as of 12:29 pm in Johannesburg ...


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