Archive for August 12th, 2008
Tuesday, August 12th, 2008
All eyes on the SA rand
By Shaun le Roux
Last week was a volatile one for currency markets. With European Central Bank (ECB) Chairman Trichet adopting an unexpectedly dovish tone and expressing concerns over growth in the Eurozone, the euro lost substantial ground to the US dollar. On Friday the dollar recorded its best one-day advance against the euro for eight […]
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