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View Full Version : Rand Declines as Lower UK Debt Outlook Curbs Risk Appetite - Bloomberg



NewsWhore
05-21-2009, 07:50 AM
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Rand Declines as Lower UK Debt Outlook Curbs Risk Appetite (http://news.google.com/news/url?sa=T&ct=us/5-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Da218egGo4Trc%26refer%3Dafrica&cid=1245604423&ei=Q0IVSpLkGIexmAezqYijCA&usg=AFQjCNGq5Yk4m3Gfk9iEpCrmJaoIofAHPQ)
Bloomberg
“Sterling has taken a hit and that&#39;s temporarily affecting risk appetite for emerging-market assets,” said Shahin Vallee, an developing-country currency strategist in London at BNP Paribas SA, France&#39;s largest bank. “It&#39;s not a lasting move and we ...


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