PDA

View Full Version : Rand Falls to Three-Week Low as Yields Rise on Europe Concern - Bloomberg



NewsWhore
07-24-2012, 12:41 AM
Rand Falls to Three-Week Low as Yields Rise on Europe Concern (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFon7BI9xiXdGzSjYaPRfJODeYttw&url=http://www.bloomberg.com/news/2012-07-23/rand-falls-to-three-week-low-as-yields-rise-on-europe-concern.html)
Bloomberg
“Short-term pressures have switched towards rand weakness as concerns over Spain resume,” John Cairns and Josina Solomons, currency strategists at Rand Merchant Bank in Johannesburg, said in e-mailed comments. “Things could get worse.” ... The cost of ...

[/URL]





[url=http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFon7BI9xiXdGzSjYaPRfJODeYttw&url=http://www.bloomberg.com/news/2012-07-23/rand-falls-to-three-week-low-as-yields-rise-on-europe-concern.html]More... (http://news.google.com/news/more?ned=us&ncl=dXdZFBke0qGX3gM)