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View Full Version : Rand Gains After Court Rules in Favor of Vodacom Listing - Bloomberg



NewsWhore
05-18-2009, 07:40 AM
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Rand Gains After Court Rules in Favor of Vodacom Listing (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Dap9xEHL0Ah9I%26refer%3Dafrica&cid=1353082160&ei=XksRSo2IH4zEsAbkmviiBQ&usg=AFQjCNH5P4nYgpSUN7at7ZWrIZY5rpUB3w)
Bloomberg
“The High Court has ruled in favor of Vodacom, so we expect the rand to recover some losses as investor confidence is restored,” Michael Keenan, a currency strategist at Standard Bank Group Ltd. in Johannesburg, wrote in a client note today. ...


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