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View Full Version : Rand Drops After Mboweni Says He May Counter 'Extreme' Moves - Bloomberg



NewsWhore
06-08-2009, 09:30 AM
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Rand Drops After Mboweni Says He May Counter &#39;Extreme&#39; Moves (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Da7yaabf.PxI4%26refer%3Dafrica&cid=1256285762&ei=EQctStzBI-DbmQf40eDFBQ&usg=AFQjCNHTk_1kkspm_IlHp5qdm0Mt0THhhw)
Bloomberg
By Garth Theunissen June 8 (Bloomberg) -- South Africa&#39;s rand dropped to the lowest level in more than a week after the central bank indicated it may counter “extreme” movements in the currency following a rally of as much as 20 percent this year. ...


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