NewsWhore
06-22-2009, 06:30 AM
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Rand Little Changed on Bets Rates Will Fall as Economy Falters (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Da8ZsVvjQaPgc&cid=0&ei=SWA_SvL-JtnbmQeoiZGWBQ&usg=AFQjCNFvxkQTjCAimFdG4F_VwVrbGSovcw)
Bloomberg
“The rand is still struggling for direction because the effect of further rate cuts on the currency is not straightforward,” said Ian Cruickshanks, head of research at Nedbank Treasury in Johannesburg. “On the one hand it erodes the rand's yield ...
More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Da8ZsVvjQaPgc&cid=0&ei=SWA_SvL-JtnbmQeoiZGWBQ&usg=AFQjCNFvxkQTjCAimFdG4F_VwVrbGSovcw)
Rand Little Changed on Bets Rates Will Fall as Economy Falters (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Da8ZsVvjQaPgc&cid=0&ei=SWA_SvL-JtnbmQeoiZGWBQ&usg=AFQjCNFvxkQTjCAimFdG4F_VwVrbGSovcw)
Bloomberg
“The rand is still struggling for direction because the effect of further rate cuts on the currency is not straightforward,” said Ian Cruickshanks, head of research at Nedbank Treasury in Johannesburg. “On the one hand it erodes the rand's yield ...
More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Da8ZsVvjQaPgc&cid=0&ei=SWA_SvL-JtnbmQeoiZGWBQ&usg=AFQjCNFvxkQTjCAimFdG4F_VwVrbGSovcw)