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View Full Version : South African Central Bank Posts Loss for 2nd Year on Reserves - Bloomberg



NewsWhore
06-14-2011, 10:20 AM
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South African Central Bank Posts Loss for 2nd Year on Reserves (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEjDg4brLJ4DMRLH6bLGZh7Uot3xA&url=http://www.bloomberg.com/news/2011-06-14/south-african-central-bank-posts-loss-for-2nd-year-on-reserves.html)
Bloomberg
South Africa&#39;s central bank posted a loss for a second consecutive year as the cost of building foreign currency reserves to curb a stronger rand soared. The loss widened to 1.17 billion rand ($172.9 ...

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