The ZAR Exchange Rate Thread #2

ZAR24.36 to Pound Sterling this morning. Even Liverpool yobbos can come and have a 5-star plus holiday here now.

I wonder if it’s going to hit £25/ZAR

Moving all my spare cash to a UK Savings account each month seems to be paying off.
 
In two weeks it went from nearly going below R17 to breaching R19. Crazy.
Its the dollar and US interest rates, it will stabilise in September again and get better when they lower rates again
Without the war in Ukraine the rand will be R14
 
1692086923660.png
Then again, pour one out for Argentina:

1692086971361.png

I foresee the ZAR graph looking like the ARS one at some point in the future.
 
The story of the rand manipulation is weird for me.
My limited layman understanding of this issue is that at minimum people must be throwing in jail for ruining peoples lives. On the other hand, I see very little outcry about it outside Twitter. Am I missing something here?
 
The story of the rand manipulation is weird for me.
My limited layman understanding of this issue is that at minimum people must be throwing in jail for ruining peoples lives. On the other hand, I see very little outcry about it outside Twitter. Am I missing something here?
I'm not convinced the story has much to it.
 
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