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View Full Version : Rand Extends Gains As South Africa Approves Wal-Mart's Massmart Purchase - Bloomberg



NewsWhore
05-31-2011, 11:40 AM
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Rand Extends Gains As South Africa Approves Wal-Mart&#39;s Massmart Purchase (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF2kuhwN_C0preiLDl_hwPJ1dhmYg&url=http://www.bloomberg.com/news/2011-05-31/rand-extends-gains-on-massmart-takeover-approval-correct-.html)
Bloomberg
Stronger growth may boost investor demand for South African stocks and the currency needed to buy them. “The data bodes well for South Africa&#39;s growth prospects, which is rand-positive,” Johan Botha, an analyst at Johannesburg-based Standard Bank Group ...

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