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View Full Version : Nomura Buys Dollar, Sells Rand on Weakness Bets in South African Currency - Bloomberg



NewsWhore
06-08-2011, 02:00 PM
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Nomura Buys Dollar, Sells Rand on Weakness Bets in South African Currency (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHl4noPkam9G-P7Bm9eX3Y_qlcX6w&url=http://www.bloomberg.com/news/2011-06-08/nomura-buys-dollar-sells-rand-on-weakness-bets-in-south-african-currency.html)
Bloomberg
Nomura Holdings Inc. (8604) said it is buying dollars and selling rand on expectation the South African currency will weaken as signs of slowing global growth prompts investors to shed risky assets. ...

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