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View Full Version : Rand Weakens as World Bank Lowers South African Growth Forecast - Bloomberg



NewsWhore
06-22-2009, 12:00 PM
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Rand Weakens as World Bank Lowers South African Growth Forecast (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaP22v4OSG1pM&cid=1264859148&ei=qq0_SqzaJIer_gbdlbGWBQ&usg=AFQjCNHdAjDJFiMKjn-yh-ZBaNcQfPxxqQ)
Bloomberg
The rand, this year&#39;s second-best performing major currency after Brazil&#39;s real, slipped after the World Bank revised a March forecast that the economy would expand by 1 percent this year, saying it now expected a 1.5 percent contraction. ...


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