Tuesday, October 28, 2008

Things are looking better. It is a little to early to tell where the USA dollar falls into this yet.



...The rand strengthened as much as 4.9 percent to 11.4487 per dollar, the strongest level since Oct. 21. It traded at 10.7200 by 12:47 p.m. in Johannesburg, from 10.9900 yesterday, when it fell as low as 11.4737. It also climbed versus 14 of the 16 most-actively traded currencies monitored by Bloomberg, appreciating 2.5 percent against the euro to 13.3868....