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View Full Version : Japanese Redemptions Sinking Rand 5% to Societe Generale as Lira Declines - Bloomberg



NewsWhore
03-16-2011, 12:20 AM
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Japanese Redemptions Sinking Rand 5% to Societe Generale as Lira Declines (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHhFidZvisDC00aVzP_llmrSlOFSw&url=http://www.bloomberg.com/news/2011-03-16/japanese-redemptions-sinking-rand-5-to-societe-generale-as-lira-declines.html)
Bloomberg
South Africa&#39;s rand, the worst-performing emerging-market currency this year, will decline another 5 percent against the dollar following its biggest slump in 10 months yesterday as the Japanese unload their Eurobond holdings, Societe Generale SA says. ...

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