NewsWhore
05-07-2012, 06:30 PM
South African Central Bank Has No Room to Cut Rates (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFBJYQNsyN_QgrHw5XKaexj8XIg7w&url=http://www.bloomberg.com/news/2012-05-07/south-african-central-bank-has-no-room-to-cut-rates.html)
Bloomberg
While the central bank has been active in the foreign-exchange market to build its reserves, it doesn't try to set a level for the currency, she said. The rand may be moderately overvalued at current levels, according to a study by the bank, ...
and more » (http://news.google.com/news/more?ned=us&ncl=d8DoS8iF3aPyrwM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFBJYQNsyN_QgrHw5XKaexj8XIg7w&url=http://www.bloomberg.com/news/2012-05-07/south-african-central-bank-has-no-room-to-cut-rates.html)
Bloomberg
While the central bank has been active in the foreign-exchange market to build its reserves, it doesn't try to set a level for the currency, she said. The rand may be moderately overvalued at current levels, according to a study by the bank, ...
and more » (http://news.google.com/news/more?ned=us&ncl=d8DoS8iF3aPyrwM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFBJYQNsyN_QgrHw5XKaexj8XIg7w&url=http://www.bloomberg.com/news/2012-05-07/south-african-central-bank-has-no-room-to-cut-rates.html)