South African Rand Gains on Speculation Interest Rates to Rise

Story date: 2007-10-18 03:09:00
Added on: 2007-10-18 16:00:21

Bloomberg - The rand is supported by interest rates and commodity prices,'' said Nicholas Kennedy, a currency strategist at 4Cast Ltd., in London. ``Although it's still debatable whether interest rates will need to rise further, rates at the current level are ...


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