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View Full Version : Rand Gains as Inflation Eases, Easing Way for Interest-Rate Cut - Bloomberg



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06-24-2009, 09:00 AM
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Rand Gains as Inflation Eases, Easing Way for Interest-Rate Cut (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaLzwTdUuFb9s&cid=1377814749&ei=hRhCSv-wJJKKNpPOxbQJ&usg=AFQjCNFioAVTk-dlVzfqqSorDOmhubegWg)
Bloomberg
“The prospect for another rate cut is seen as pro-growth and that&#39;s probably why it is helping the currency,” said Ian Marsberg, a strategist at Barclays Plc-owned Absa Capital Research in Johannesburg. “The market is more concerned about economic ...


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