PDA

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



NewsWhore
03-28-2008, 01:50 PM
<img alt="" height="1" width="1">
South African Rand Falls on Bets Interest Rates to Slow Growth (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaPabPZooUCMY%26refer%3Dafrica&cid=0&ei=DjDtR7rRLYma9wKZhY3RBA&usg=AFrqEzdjBKD1nJBKH2hx7sj-Lc8dAwphow)
Bloomberg - 42 minutes ago
``Rate hikes are a necessary, but very painful, response to the worrying inflation outlook, and the currency is going to be negatively affected. ...


More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaPabPZooUCMY%26refer%3Dafrica&cid=0&ei=DjDtR7rRLYma9wKZhY3RBA&usg=AFrqEzdjBKD1nJBKH2hx7sj-Lc8dAwphow)