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View Full Version : Rand Rebounds From 3-Year Low to Dollar as Stocks Erase Declines - Bloomberg



NewsWhore
06-04-2012, 09:50 AM
Rand Rebounds From 3-Year Low to Dollar as Stocks Erase Declines (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEI6vnT3kjqt2RtBL8MuyNlwuRMZg&url=http://www.bloomberg.com/news/2012-06-04/rand-rebounds-from-3-year-low-to-dollar-as-stocks-erase-declines.html)
Bloomberg
The rand gained as traders gauged the currency's slide to a three-year low was overdone, and as stocks pared declines, boosting investor appetite for riskier assets. South Africa's currency advanced as much as 1 percent to 8.4936 per dollar as of 3:32 ...

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