Rand is rocking

[Bloomberg]

Rand is rocking

The rand climbed to a 13-month high on Friday, riding a wave of optimism about South Africa’s economy and also buoyed by expectations of imminent Federal Reserve interest-rate cuts.

 

[Grubscrew]

Thank you Trump.

 

[My_King]

And Leon is getting larger

 

[Jan van Riebeeckstad]

And Leon is getting larger

Did someone nut in your eye?

 

[FiestaST]

The Rand is rocking out with it’s….(fill in the rest)

 

[PaulGherkin]

Rocking my arse... it's still expensive. I pay for some services in USD. Still stung my arse

 

[TrueSeeker]

Thank you Trump.

Sarcasm I take it?

 

[Quicks]

Don't help if it only rocks for one week...

We need the Rand steady and better over a longer period!

What we want is price drops on groceries, petrol, tech and general living.

 

[Randux]

You mean the dollar is weak

 

[DreamKing]

proved what I said ...

if can remove anc entirely you will see R3 / USD within a month.

 

[SauRoNZA]

Don't help if it only rocks for one week...

We need the Rand steady and better over a longer period!

What we want is price drops on groceries, petrol, tech and general living.

What do you mean one week? It’s been steadily going down for the last year and way more drastically the last 6 months.

 

[Quicks]

What do you mean one week? It’s been steadily going down for the last year and way more drastically the last 6 months.

View attachment 1754407

Sure if you call that graph steady.

 

[SauRoNZA]

Sure if you call that graph steady.

Steadily downwards is what we want.

 

[Quicks]

Steadily downwards is what we want.

We can take the same grapth over 10 years and call it steadily upwards.

 

[SauRoNZA]

We can take the same grapth over 10 years and call it steadily upwards.

Too true, but let’s look forwards.

 

[purple face]

I earn dollars on my PayPal account so this isn't good for me

 

[Dan C]

The scenario for South Africa where the rand could hit R22 to the dollar

The scenario for South Africa where the rand could hit R22 to the dollar Investec's worst-case scenario projection show that the rand could be hit hard if load shedding returns and global conflicts worsen.

mybroadband.co.za

 

[PaulGherkin]

Article title should be "Rand is Shocking"