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View Full Version : South Africa Studying How Other Countries Have Curbed Currency Strength - Bloomberg



NewsWhore
10-14-2010, 03:40 PM
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Reuters Africa (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF0Aki4OFVSTP9CIXpRhnU9ZF4R8A&url=http://af.reuters.com/article/investingNews/idAFJOE69D03F20101014)
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South Africa Studying How Other Countries Have Curbed Currency Strength (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH1iGxq-ppgUE2gLOc0wQ-zElF6bg&url=http://www.bloomberg.com/news/2010-10-14/south-africa-studying-how-other-countries-have-curbed-currency-strength.html)
Bloomberg
... by the increase in costs to maintain foreign currency reserves, which resulted in the bank posting a loss of 1 billion rand in the year through March. ...
South Africa&#39;s Inflation Outlook is `Benign,&#39; Growth `Subdued,&#39; Bank Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF63fn27KD6yoFM-I1sLV4e4_mrMA&url=http://www.bloomberg.com/news/2010-10-14/south-africa-s-inflation-outlook-is-benign-growth-subdued-bank-says.html)Bloomberg

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