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View Full Version : Rand Erases Gain to Week-High on Concern European Debt Crisis to Linger - Bloomberg



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10-24-2011, 08:40 AM
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Rand Erases Gain to Week-High on Concern European Debt Crisis to Linger (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF4dzNAWDwfuwG5ocAee9zb4sM2KA&url=http://www.bloomberg.com/news/2011-10-24/rand-leads-emerging-market-currency-gains-as-commodities-rally-on-europe.html)
Bloomberg
“With important details still to be decided, any rally in the rand should be approached with caution,” John Cairns and Nema Ramkhelawan-Bhana, currency strategists at Rand Merchant Bank in Johannesburg, wrote in a research note. ...

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