Currencies - Rand Jumps on Expectation of Higher Interest Rates Publié par Rachid2M , mercredi 20 avril 2011 at 04:31, in

The South African rand climbed today on the speculation that the accelerating inflation will prompt the nation’s central bank to increase the borrowing costs. Reserve Bank Deputy Governor Daniel Mminele said that data shows an ”accelerating trend” in the food prices. He added that influence

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