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View Full Version : South Africa Needs to Manage Exchange Rate, Stiglitz Says - Bloomberg



NewsWhore
05-07-2012, 09:30 AM
South Africa Needs to Manage Exchange Rate, Stiglitz Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGWtjDMlsOOaVfd75NKYf9dUMPEfw&url=http://www.bloomberg.com/news/2012-05-07/south-africa-needs-to-manage-exchange-rate-stiglitz-says.html)
Bloomberg
South Africa and other developing nations should make their currencies more competitive to spur growth and create jobs, said Joseph Stiglitz, the Columbia University professor who won the 2001 Nobel Prize for economics. The rand has gained 3.4 percent ...

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