Rand hits R18 to the dollar

[BusinessTech]

Rand hits R18 to the dollar

The rand extended its gains on Wednesday as the inauguration of president Cyril Ramaphosa sends signals of stability - and global markets give it a boost.

 

[Pegging]

In other news, former renowned economist Dawie Roodt looking for a job.

 

[dualmeister]

 

[Nerfherder]

bring your US 5c and you can get our 1 Rand.

Still a long way to go.

 

[airborne]

Noooooooo, I have a payment in USD coming in this week and I was budgeting on R18.5

 

[HartsockZA]

bring your US 5c and you can get our 1 Rand.

Still a long way to go.

All this teetering on eskom

 

[Grouter]

Great. My F1 TV subs due on July 11th just got a bit cheaper.

 

[backstreetboy]

bring your US 5c and you can get our 1 Rand.

Still a long way to go.

 

[FaSMaN]

R18? phone me when it hits R10 ....

That said, I dont expect to see any price changes on imported goods from retailers any time soon regardless of exchange rate lol

 

[rh1]

I remember when it was R6 to the US Dollar.

 

[Polymathic]

I remember when it was R6 to the US Dollar.

I remember when it used to hover in the 5s

 

[NeonNinja]

Not good for us working remotely in the US :/

 

[Former member 61586]

We are so easily satisfied with mediocrity. Suppose that is why we elect convicted criminals to parliament

 

[xcaliber]

Not good for us working remotely in the US :/

Shame?

 

[Vorastra]

Noooooooo, I have a payment in USD coming in this week and I was budgeting on R18.5

You must lose, so we can gain.
Sorry lil bro. That's how the dunkin donut rolls.

 

[Vorastra]

Shame?

MR TESLA

 

[Lupus]

Guys, the rand is plunging...

 

[xcaliber]

MR TESLA

Did you just dare assume my pronoun?

 

[SauRoNZA]

Guys, the rand is plunging...
View attachment 1727975

Fantastic news! Where is rvZA now?

 

[Lupus]

Fantastic news! Where is rvZA now?

Finding something else to be all gloom and doom over, Eskom no blackouts immediately after elections, currency didn't hit R60, co-alition didn't lead to immediate civil war... Perhaps his next bet is water?