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View Full Version : Rand Retreats on Speculation Rates to Stay on Hold - Bloomberg



NewsWhore
05-23-2012, 07:00 AM
Rand Retreats on Speculation Rates to Stay on Hold (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEn8XaeQusDvBy3eV8v_Of11u3kdA&url=http://www.bloomberg.com/news/2012-05-23/rand-retreats-on-speculation-rates-to-stay-on-hold.html)
Bloomberg
South Africa's currency retreated 0.9 percent to 8.3988 per dollar by 11:09 am in Johannesburg, bringing its two-day retreat to 2.1 percent. The yield on the nation's 6.75 percent bonds due 2021 increased six basis points to 7.67 percent.

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