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View Full Version : Rand Trades Weaker After Central Bank Says Strength 'Unwelcome' - Bloomberg



NewsWhore
06-01-2009, 05:40 AM
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Rand Trades Weaker After Central Bank Says Strength &#39;Unwelcome&#39; (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaJVytsnKxldw%26refer%3Dafrica&cid=1251441574&ei=nKQjSu2WD4auMt6t6ZYD&usg=AFQjCNGQZPUXNbnSZeimi8Jl1JUAfRA-0w)
Bloomberg
By Garth Theunissen June 1 (Bloomberg) -- South Africa&#39;s rand, the best- performing major currency this year, traded weaker after the nation&#39;s central bank Governor Tito Mboweni said its strength was “unwelcome.” The rand declined 0.5 percent to 7.9797 ...


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