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View Full Version : Rand Breaches 8 Per Dollar as Key Rate Cut to Three-Year Low - Bloomberg



NewsWhore
05-28-2009, 01:21 PM
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Rand Breaches 8 Per Dollar as Key Rate Cut to Three-Year Low (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DawZhjrK22_ZA%26refer%3Dafrica&cid=1249998836&ei=p8oeSpu-M5Tq6wOK7aWhDg&usg=AFQjCNHIT1Mx9Ror1E-7hVpuoL2xlDTjrA)
Bloomberg
23, and traded 1.6 percent stronger at 8.0435 as of 5:29 pm in Johannesburg, bolstering its position as the best-performing major currency in 2009 with an 18.5 percent gain against the dollar. The Reserve Bank cut the benchmark rate by 1 percentage ...


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