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View Full Version : Rand Weakens on Bets Central Bank May Boost Dollar Purchases - Bloomberg



NewsWhore
06-02-2009, 08:00 AM
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Rand Weakens on Bets Central Bank May Boost Dollar Purchases (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Da0DnDM0oyiC0%26refer%3Dafrica&cid=1253721972&ei=AgklSteGOoWzmQep8dyZBw&usg=AFQjCNHQZq4nMHG_ZSQrMlZXj8nNQ4_Y1A)
Bloomberg
The world&#39;s second-best emerging-market currency after Brazil&#39;s real depreciated as much as 1.7 percent to 8.1433 per dollar, extending yesterday&#39;s 0.8 percent retreat. Reserve Bank Governor Tito Mboweni said yesterday the currency&#39;s rally this year is ...


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