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View Full Version : South African Rand Falls on Bets Interest Rates to Slow Growth - Bloomberg



NewsWhore
03-28-2008, 11:40 AM
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South African Rand Falls on Bets Interest Rates to Slow Growth (http://news.google.com/news/url?sa=T&ct=us/6-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Dae1Gqf5iYY44%26refer%3Dafrica&cid=1146529698&ei=jwPtR8jUMIzc-wGpirl1&usg=AFrqEzdK1hYh4_TsxzMGblEDYybM6lWssg)
Bloomberg - 4 hours ago
``Rate hikes are a necessary, but very painful, response to the worrying inflation outlook, and the currency is going to be negatively affected. ...


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