The ZAR Exchange Rate Thread

Jase

Expert Member
Joined
May 31, 2007
Messages
4,872
#43
Sure but I don't think anyone wants to see R13/dollar again, especially with high global commodity prices, particularly oil, it wouldn't help SA much. Especially since Eskom needs to import equipment for its expansion.
Man those were the good ole days as I was earning tax free dollars back then .....
 

ToxicBunny

Honorary Master
Joined
Apr 8, 2006
Messages
78,929
#52
Have Tito and SARB managed to keep us in that bracket or have they just being saying so?

I've noticed the stuff I've been buying over the last few years (food etc) has been going up by more than 6% annually.
 

bwana

B MyBroadband
Super Moderator
Joined
Feb 23, 2005
Messages
71,613
#53
Man those were the good ole days as I was earning tax free dollars back then .....
And I was earning £'s :D

As a matter of fact I bought my house for less than £40k just before the rand strengthened again. :)
 

McSack

Executive Member
Joined
Feb 14, 2007
Messages
5,574
#54
That is rough indeed! Considering SARB and Tito have managed to keep us in the 3-6% bracket for so long.

I don't think they've succeeded since June last year.

When are they going to wake up and realize that hiking interest rates has no effect on the items causing the greatest inflation?
:(
 
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