The ZAR Exchange Rate Thread

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SoldierMan

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At least petrol is coming down next month, $45 the last I checked, that's about a $15 drop. Though doesn't affect me much....
 
Swa

Swa

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SoldierMan said:
At least petrol is coming down next month, $45 the last I checked, that's about a $15 drop. Though doesn't affect me much....
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And going up by 25c the next month. Funny how these big drops in the oil price doesn't make much of a dent in the price we pay.
 
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SoldierMan

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Swa said:
And going up by 25c the next month. Funny how these big drops in the oil price doesn't make much of a dent in the price we pay.
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Haha, ok nevermind then, don't pay much attention to the price but saw the decrease on eNCA.
 
genetic

genetic

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ghostRgg said:
What the hell happened to ZAR vs USD :rolleyes:
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Corona virus

The Johannesburg Stock Exchange all-share index has plunged another 2,000 points since Friday morning's opening as coronavirus fears send global markets on a deep slide.

World stock markets are heading for the worst week since the depths of the 2008 financial crisis.
Locally, the rand is down by about 20 cents from Friday's close as emerging market currencies are hit by fears around the virus.
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MirageF1

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and just hit R20.22 to £

Just about everything (not manufactured locally ) is going to be hit as well, except exports.

Mobile phones, TV's, majority of Tech goods, holidays, cost of diesel+petrol and knock on effects, you name it.....
 
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JayM

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MirageF1 said:
and just hit R20.22 to £

Just about everything (not manufactured locally ) is going to be hit as well, except exports.
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Would have been even worse - GBP has lost over 4% to EUR over the past 2 weeks.
 
genetic

genetic

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All emerging markets are tanking hard. Worst drop since the 2008 financial crisis.
 
Swa

Swa

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MirageF1 said:
and just hit R20.22 to £

Just about everything (not manufactured locally ) is going to be hit as well, except exports.

Mobile phones, TV's, majority of Tech goods, holidays, cost of diesel+petrol and knock on effects, you name it.....
Click to expand...
Going to be even worse when China recoups their losses.
 
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