The ZAR Exchange Rate Thread

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The formatting sucks but this is the Investec outlook as linked to on the "Positive about Sotuh African" thread :)

Exchange Rates 2006 2007 2008 2009 2010 2011 2012
USD/ZAR (Av) 6.76 7.04 7.41 7.60 7.75 8.00 8.25
GBP/ZAR (Av) 12.50 14.08 15.16 15.43 15.73 16.16 16.67
EUR/ZAR (Av) 8.52 9.63 10.67 10.79 11.01 11.36 11.72
ZAR/JPY (Av) 17.30 16.74 15.08 14.47 14.19 13.75 13.33
GBP/USD (Av) 1.84 2.00 2.05 2.03 2.03 2.02 2.02
EUR/USD (Av) 1.26 1.37 1.44 1.42 1.42 1.42 1.42
USD/JPY (Av) 116.0 117.8 111.8 110.0 110.0 110.0 110.0
 
LancelotSA said:
The formatting sucks but this is the Investec outlook as linked to on the "Positive about Sotuh African" thread :)

Exchange Rates 2006 2007 2008 2009 2010 2011 2012
USD/ZAR (Av) 6.76 7.04 7.41 7.60 7.75 8.00 8.25
GBP/ZAR (Av) 12.50 14.08 15.16 15.43 15.73 16.16 16.67
EUR/ZAR (Av) 8.52 9.63 10.67 10.79 11.01 11.36 11.72
ZAR/JPY (Av) 17.30 16.74 15.08 14.47 14.19 13.75 13.33
GBP/USD (Av) 1.84 2.00 2.05 2.03 2.03 2.02 2.02
EUR/USD (Av) 1.26 1.37 1.44 1.42 1.42 1.42 1.42
USD/JPY (Av) 116.0 117.8 111.8 110.0 110.0 110.0 110.0
Click to expand...

Thats pretty conservative. Interesting.
 
$ = R 7.48
£ = R 14.89
€ = R 11.27
Gold = $ 959.60
Oil = $######
Last update 27-Feb-2008 12:30:00

Firm today.

Not sure what has happened to the Oil price. Maybe it is too expensive to display :p
 
ooooo Under the R7.50 mark! 50c to go baby, yeaaahhh! Then I'll be happy :D:D But R6.50 would be even better :D
*does some calculations and sees that his stuff's still a bit too expensive :(*
 
Bouncing back, yes please!!! Until Zim elections that is.... Hell I hope things go off smoothly over there next month...JSE also looking good 30230 pts...
 
yup only because the dolla is weakening

start watching the euro within 5 years nobody will trade in dolla's no more

which will suck for us considering the pound and euro are freakin insane

imagine oil in pounds :(
 
killadoob said:
yup only because the dolla is weakening

start watching the euro within 5 years nobody will trade in dolla's no more

which will suck for us considering the pound and euro are freakin insane

imagine oil in pounds :(
Click to expand...

Do you think the American economy is going into recession?
 
i dont think

they already are

do you think attacking iraq wanting to have a go at iran is because of nukes?

its because they want to trade oil in another currency so do the saudi's and so did sadam

that would not be good for the US and they will do anything to make sure that does not happen

http://www.thirdworldtraveler.com/Iraq/Iraq_dollar_vs_euro.html

read that
 
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No recession for US - said Bush

the lowest growth forecast so far is 1.3 %

but no one is really certain how deep the housing -hole is yet.................it is abt $400 bn wide ,but depth of repercussions.................not good
 
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o i c :)

then bring on the damn euro already, although this would skark world war 3 cause the US would attack everyone

gooku does the US ever tell the truth
 
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