R Robin Hood Expert Member Jan 29, 2008 #41 Joined Jun 5, 2004 Messages 3,322 Jan 29, 2008 #41 Rand is dropping slowly...
R Robin Hood Expert Member Jan 30, 2008 #42 Joined Jun 5, 2004 Messages 3,322 Jan 30, 2008 #42 Must say, according to the figures, the strengh of the Rand hasn't realy been affected yet...
J Jase Expert Member Jan 30, 2008 #43 Joined May 31, 2007 Messages 4,767 Jan 30, 2008 #43 Syndyre said: 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. Click to expand... Man those were the good ole days as I was earning tax free dollars back then .....
Syndyre said: 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. Click to expand... Man those were the good ole days as I was earning tax free dollars back then .....
R Robin Hood Expert Member Jan 30, 2008 #44 Joined Jun 5, 2004 Messages 3,322 Jan 30, 2008 #44 Jase said: Man those were the good ole days as I was earning tax free dollars back then ..... Click to expand... lol
Jase said: Man those were the good ole days as I was earning tax free dollars back then ..... Click to expand... lol
M milomak Honorary Master Jan 30, 2008 #45 Joined May 23, 2007 Messages 12,183 Jan 30, 2008 #45 noxibox said: A weaker rand can easily lead to higher inflation and higher wage demands which could then offset any pricing advantage. Click to expand... if it is an orderly adjustment then that risk is very minimal
noxibox said: A weaker rand can easily lead to higher inflation and higher wage demands which could then offset any pricing advantage. Click to expand... if it is an orderly adjustment then that risk is very minimal
A AutoX Expert Member Jan 30, 2008 #46 Joined Jan 30, 2008 Messages 1,408 Jan 30, 2008 #46 Robin Hood said: To all the ppl out there...If youre thinking of buying something??? Better do it quick while you still can afford it Click to expand...
Robin Hood said: To all the ppl out there...If youre thinking of buying something??? Better do it quick while you still can afford it Click to expand...
hj2k_x Honorary Master Jan 30, 2008 #47 Joined Jan 22, 2006 Messages 30,682 Jan 30, 2008 #47 $ = R 7.25 £ = R 14.45 € = R 10.74
R Ricard Expert Member Jan 30, 2008 #48 Joined Jul 6, 2007 Messages 2,796 Jan 30, 2008 #48 hj2k_x said: $ = R 7.25 £ = R 14.45 € = R 10.74 Click to expand... Bliksem!!!
M Moederloos Honorary Master Jan 30, 2008 #49 Joined Aug 18, 2005 Messages 12,476 Jan 30, 2008 #49 Ricard said: Bliksem!!! Click to expand... Try 8.6% inflation on for size - and that is calculated before the Eksdom mess we find ourselves in now.
Ricard said: Bliksem!!! Click to expand... Try 8.6% inflation on for size - and that is calculated before the Eksdom mess we find ourselves in now.
hj2k_x Honorary Master Jan 30, 2008 #50 Joined Jan 22, 2006 Messages 30,682 Jan 30, 2008 #50 Moederloos said: Try 8.6% inflation on for size - and that is calculated before the Eksdom mess we find ourselves in now. Click to expand... That is rough indeed! Considering SARB and Tito have managed to keep us in the 3-6% bracket for so long.
Moederloos said: Try 8.6% inflation on for size - and that is calculated before the Eksdom mess we find ourselves in now. Click to expand... That is rough indeed! Considering SARB and Tito have managed to keep us in the 3-6% bracket for so long.
M Moederloos Honorary Master Jan 30, 2008 #51 Joined Aug 18, 2005 Messages 12,476 Jan 30, 2008 #51 hj2k_x said: That is rough indeed! Considering SARB and Tito have managed to keep us in the 3-6% bracket for so long. Click to expand... One has to wonder if this crisis is not the tear in the fabric.
hj2k_x said: That is rough indeed! Considering SARB and Tito have managed to keep us in the 3-6% bracket for so long. Click to expand... One has to wonder if this crisis is not the tear in the fabric.
ToxicBunny Honorary Master Jan 30, 2008 #52 Joined Apr 8, 2006 Messages 74,978 Jan 30, 2008 #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.
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 Jan 30, 2008 #53 Joined Feb 23, 2005 Messages 70,980 Jan 30, 2008 #53 Jase said: Man those were the good ole days as I was earning tax free dollars back then ..... Click to expand... And I was earning £'s As a matter of fact I bought my house for less than £40k just before the rand strengthened again.
Jase said: Man those were the good ole days as I was earning tax free dollars back then ..... Click to expand... And I was earning £'s As a matter of fact I bought my house for less than £40k just before the rand strengthened again.
McSack Executive Member Jan 30, 2008 #54 Joined Feb 14, 2007 Messages 5,555 Jan 30, 2008 #54 hj2k_x said: That is rough indeed! Considering SARB and Tito have managed to keep us in the 3-6% bracket for so long. Click to expand... 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?
hj2k_x said: That is rough indeed! Considering SARB and Tito have managed to keep us in the 3-6% bracket for so long. Click to expand... 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?
R Robin Hood Expert Member Jan 30, 2008 #55 Joined Jun 5, 2004 Messages 3,322 Jan 30, 2008 #55 ...seems like the rate at witch the rand was dropping, increased... R7.30/dollar R10.80/euro
hj2k_x Honorary Master Jan 30, 2008 #56 Joined Jan 22, 2006 Messages 30,682 Jan 30, 2008 #56 And 14,50 to the pound. Still falling...
M Moederloos Honorary Master Jan 30, 2008 #57 Joined Aug 18, 2005 Messages 12,476 Jan 30, 2008 #57 The last train has left - soon we will be importing ox wagons and no oxen
R Ricard Expert Member Jan 30, 2008 #58 Joined Jul 6, 2007 Messages 2,796 Jan 30, 2008 #58 hj2k_x said: And 14,50 to the pound. Still falling... Click to expand... I wonder why the change! I dont believe its the USA's sub-prime problem...
hj2k_x said: And 14,50 to the pound. Still falling... Click to expand... I wonder why the change! I dont believe its the USA's sub-prime problem...
M Moederloos Honorary Master Jan 30, 2008 #59 Joined Aug 18, 2005 Messages 12,476 Jan 30, 2008 #59 Ricard said: I wonder why the change! I dont believe its the USA's sub-prime problem... Click to expand... Colonial racists keeping down the poor African, Ricard.
Ricard said: I wonder why the change! I dont believe its the USA's sub-prime problem... Click to expand... Colonial racists keeping down the poor African, Ricard.
R Robin Hood Expert Member Jan 30, 2008 #60 Joined Jun 5, 2004 Messages 3,322 Jan 30, 2008 #60 I just knew this sh*t is going to happen...