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South Africa: Home - Euro economies dash SA hopes
[IOL BusinessReport: 2010-03-10]
Submit your comment Eurozone economies including Greece have put a dampener on early optimism about South Africa"s recovery, as Europe remains the country"s biggest trading partner, BoE Private Clients said on Wednesday. Daryll Owen, chief investment officer for BoE Private Clients said that in the same way that the global credit crunch resulted in a collapse in asset prices and a global recession, a currency crisis could be equally, if not more destabilising. "Currently. . .
Continue to Africa News story at IOL BusinessReport
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