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View Full Version : South African Credit, PPI Slump as Economy Heads for Recession - Bloomberg



NewsWhore
04-30-2009, 05:24 AM
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South African Credit, PPI Slump as Economy Heads for Recession (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaAcUp8.DYZFs%26refer%3Dafrica&cid=1342956355&ei=HXD5SZTRHY6yNdjppJQI&usg=AFQjCNHA53KCy29_l8c4YrY4HAuRnYZnqg)
Bloomberg
The South African currency was trading at 8.4363 against the dollar as of 10:09 am in Johannesburg from 8.5538 before the data was released. The economy may have shrunk again in the first three months of this year, Reserve Bank Chief Economist Monde ...


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