The ZAR Exchange Rate Thread

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$ = R 7.82
£ = R 15.72
€ = R 12.01
Gold = $ 971.05
Oil = $ 105.27
Last update 12-Mar-2008 11:30:00
 
$ = R 7.81
£ = R 15.78
€ = R 12.09
Gold = $ 976.85
Oil = $ 104.71
Last update 12-Mar-2008 17:30:00

Another quietish day- still off its worst levels at least.
 
$ = R 7.85
£ = R 15.94
€ = R 12.23
Gold = $ 981.90
Oil = $ 106.22
Last update 12-Mar-2008 21:30:00

Falling now to the pound and euro...
 
$ = R 7.96
£ = R 16.19
€ = R 12.39
Gold = $ 989.30
Oil = $ 105.79
Last update 13-Mar-2008 12:30:00

Lost 25c to the pound, 26c to the euro...
 
$ = R 7.96
£ = R 16.19
€ = R 12.39
Gold = $ 989.30
Oil = $ 105.79
Last update 13-Mar-2008 12:30:00

Lost 25c to the pound, 26c to the euro...

So the dollar and rand is getting weaker against other major currencies.?
 
$ = R 7.94
£ = R 16.18
€ = R 12.39
Gold = $ 994.05
Oil = $ 107.48
Last update 13-Mar-2008 17:30:00

Gold was over $1000 for the first time ever today.

Meanwhile the rand stays weak against everything cept the dollar...
 
$ = R 7.93
£ = R 16.08
€ = R 12.35
Gold = $ 995.32
Oil = $ 107.24
Last update 14-Mar-2008 14:30:00
 
$ = R 8.11
£ = R 16.34
€ = R 12.79
Gold = $ 1025.55
Oil = $ 107.87
Last update 17-Mar-2008 09:30:00

Oh my. Gold well over $1000, oil still well over $100. Rand nearing 13 to the euro, broken 8 to the dollar again....All in all, a pretty blue monday.
 
Glad I transferred rands overseas last week. This week is going to be all red I fear.
 
= R 8.15
£ = R 16.43
€ = R 12.88
Gold = $ 1025.88
Oil = $ 107.32
Last update 17-Mar-2008 11:30:00

Lost 60c to the euro so far today, as well as 40c to the pound nearly :(
 
= R 8.16
£ = R 16.39
€ = R 12.88
Gold = $ 1014.90
Oil = $ 103.85
Last update 17-Mar-2008 17:30:00

No recovery today :(
 
Is anyone actually surprised by this looking at the state of the US economy?

What really worried me is the financial advisor on ETV recommending we pull out of pension funds etc.
 
Is anyone actually surprised by this looking at the state of the US economy?

What really worried me is the financial advisor on ETV recommending we pull out of pension funds etc.

The dollar is in free fall.
The rand also.
No investment is safe.

Frightening few weeks ahead.
 
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