The ZAR Exchange Rate Thread

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Reading some of this first pages in this thread is now quiet humorous. LOL people complaining at just over R7.00 to a $US. Now those were the good days!!!
 
If the rand weakens in 2016 as much as it did in 2015 it will be R19.50 to the Dollar this time next year.
 
If the rand weakens in 2016 as much as it did in 2015 it will be R19.50 to the Dollar this time next year.

If our economy keeps weakening, a recession would speed up the rand weakness and pass R20/$ waaaay before xmas 2016
 
Just remember.. FED rate hike announcement next week.. We could hit R16/$ next week albeit market prices it in..
 
shake the branches until the fruits fall off.

these guys will sell their dollars when after a few days.
 
The banks got raped properly today:
Firstrand -14.8%
B-Africa -14.5%
Stanbank -13.5%
Capitec -10.8%
Nedbank -10.5%
 
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