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02-23-2011, 08:20 AM
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Rand Strengthens to Three-Week High; Gordhan Says Weakness Curbs Stability (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFrdbeFA1qG5RQ54qC4F23GloliBA&url=http://www.bloomberg.com/news/2011-02-23/rand-strengthens-to-three-week-high-gordhan-says-weakness-curbs-stability.html)
Bloomberg
The currency of Africa&#39;s biggest economy appreciated 0.8 percent to 7.1043 per dollar by 2:11 pm in Johannesburg. â??Overly rapid currency depreciation carries risks to macroeconomic stability,â?? Gordhan said today in his budget speech to Parliament in ...

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