Archive for May 26th, 2011

GBP/ZAR Climbs as South African Inflation Lower than Forecast

May 26, 2011
By Mark

Sterling swung gently down last Monday and Tuesday and gently back up on Thursday and Friday. Having covered a range of 30 cents the GBP/ZAR rate opened in London Monday morning virtually unchanged on the week. Although South African inflation accelerated from 4.1% to 4.2% in April the increase was not as much as...
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