Rand may be set for rebound - Bloomberg

[Bradley Prior]

Rand may be set for rebound - Bloomberg

Just when you thought things couldn’t get any worse for South Africa’s rand... they probably can’t. [Bloomberg]

 

[WAslayer]

No..

We will see R 20 to the dollar in 2020..

 

[ToxicBunny]

No..

We will see R 20 to the dollar in 2020..

Rookie numbers... I reckon R30...

 

[WAslayer]

Rookie numbers... I reckon R30...

I didn't want to be too optimistic...

 

[3WA]

If you have no plan for the rand reaching R20 to the dollar, you're an idiot. If you have no plan for the rand reaching R13 to the dollar, you're an idiot.

My plans:
Scenario 1 (20 to the dollar): Sell dollars
Scenario 2 (13 to the dollar): Buy dollars

 

[RedViking]

Someone didn't pay their Bloomberg premium fee now there are watermarks all over.

Really tough times ahead....

 

[Herr der Verboten]

Rand may be set for rebound - Bloomberg

Just when you thought things couldn’t get any worse for South Africa’s rand... they probably can’t. [Bloomberg]

Just when you thought the rand may be set rebound, it's not the rebound but actually a rebound

 

[diesel]

The sky is the limit , all i know is that african countries that come with their racist anti white anti western policies end up with worthless currencies.

 

[Pythonista]

'cause when you're already rock-bottom, there's only one way to go ??? yeah .. sure ...

 

[Lupus]

Don't worry the ANC will fix that shortly.

 

[JayM]

With CR now also singing from the NDR/RET hymn book, any positive moves for ZAR will be short lived.

 

[damian24]

With CR now also singing from the NDR/RET hymn book, any positive moves for ZAR will be short lived.

and it's therein that the ability to make 10% or 15% per swing comes to fruition...

D

 

[Zophos]

'cause when you're already rock-bottom, there's only one way to go ??? yeah .. sure ...

Dig, dig, dig.....Why do I hear the popcorn song in my head?

 

[The Darkness]

I'm still predicting it will settle at R15/$ by year end

 

[Lupus]

I'm still predicting it will settle at R15/$ by year end

If we make it, the way the ANC is going with this lockdown we will be lucky to have an economy left by July. Cause they are looking at a month a level wtf??? So basically level 4 which is strawberry flavoured level 5 will go till June?

 

[rietrot]

It's all relative. With the world economy tanking, we might just have an advantage because we are used to the poverty.

 

[The Darkness]

If we make it, the way the ANC is going with this lockdown we will be lucky to have an economy left by July. Cause they are looking at a month a level wtf??? So basically level 4 which is strawberry flavoured level 5 will go till June?

Where did you read 1 month per level? Link pls

 

[Lupus]

Well that didn't last looks like it's on the way back up again. So all of 4 hours?

 

[Herr der Verboten]

Don't worry the ANC will fix that shortly.

Pray to the boks

 

[SilverCode]

"Hold my beer!" - ANC