Rand going toward R8.00 to dollar

[moklet]

http://www.fin24.co.za/articles/default/display_article.aspx?Nav=ns&ArticleID=1518-21_2007826

 

[Syndyre]

The rand always seems to magically tank before I go overseas or want to import stuff.

 

[noxibox]

So it's your fault then?

 

[kaspaas]

The rand always seems to magically tank before I go overseas or want to import stuff.

From an exporters point of view it seems to strengthen always when I need to buy the Rands

 

[BradDC]

I hope this doesnt go to the point it was a few years ago. Not good.... is there an underlying reason, apart from the recent zuma stuff?

 

[Person]

well sucks to be South African now

 

[BradDC]

hehe... youre forgetting something, even though ur in Boston, youre still South African, its something thats in your blood, and no amount of Bushism will help u

 

[vespax]

15:00 - R1 = 7.92765

Getting closer.

xe.com

 

[Peppercorns]

Hehe
It works either way for me, my mom's an air hostess and gets payed in Dollars so that means more Rands

The other good thing is if it drops, she can always get me nice parts from overseas for cheap prices

 

[bwana]

The rand always seems to magically tank before I go overseas or want to import stuff.

Thank you

well sucks to be South African now

Yeah - how does that feel

 

[BeLgaRiOn]

R10.05 for a Euro! Ouch... and almost R15 for £1... Shows us how confident the world is about SA...

 

[Syndyre]

From an exporters point of view it seems to strengthen always when I need to buy the Rands

Murphy's Law

 

[Syndyre]

Thank you

What for?

 

[bwana]

What for?

For single handily wrecking the rand of course.

A low value rand suits me fine.

 

[Syndyre]

For single handily wrecking the rand of course.

A low value rand suits me fine.

Pleasure Helps to be paid in forex I guess.

 

[Person]

Thank you Yeah - how does that feel

It burns when you pee