The ZAR Exchange Rate Thread

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I am betting on R18.50, perhaps even R19.00 to the Dollar this week if they cannot get rid of stage 6 loadshedding.
 
wingnut771 said:
The next march should be to this chicks house.
"Let the rand fall, we will pick it up."- Minister Nomvula Mokonyane (4 April 2017)
https://twitter.com/x/status/872117463172775937
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Pretty sure tourism & exports industry rejoices at this.
In 2022, tourism’s contributions to the country’s Gross Domestic Product (GDP) stands at 3,7%. This is more than agriculture, utilities and construction.
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Tourism on high tourism numbers ahead of Festive Season | South African Government

SA Tourism on the high ahead of the Festive Season South Africa is entering the peak summer season on a high, as the tourism numbers continue to show unparalleled growth in both domestic numbers and international arrivals. “We are upbeat as all indications are that our tourism sector is on a...
www.gov.za www.gov.za
 
surface said:
Pretty sure tourism & exports industry rejoices at this.

Tourism on high tourism numbers ahead of Festive Season | South African Government

SA Tourism on the high ahead of the Festive Season South Africa is entering the peak summer season on a high, as the tourism numbers continue to show unparalleled growth in both domestic numbers and international arrivals. “We are upbeat as all indications are that our tourism sector is on a...
www.gov.za www.gov.za
Click to expand...
I'm sure they would. It's the only good story they can tell. Meanwhile, the other 90% of the country suffers.
 
surface said:
Pretty sure tourism & exports industry rejoices at this.

Tourism on high tourism numbers ahead of Festive Season | South African Government

SA Tourism on the high ahead of the Festive Season South Africa is entering the peak summer season on a high, as the tourism numbers continue to show unparalleled growth in both domestic numbers and international arrivals. “We are upbeat as all indications are that our tourism sector is on a...
www.gov.za www.gov.za
Click to expand...
Just shows how the other industries have been in decline over the years
 
surface said:
Pretty sure tourism & exports industry rejoices at this.

Tourism on high tourism numbers ahead of Festive Season | South African Government

SA Tourism on the high ahead of the Festive Season South Africa is entering the peak summer season on a high, as the tourism numbers continue to show unparalleled growth in both domestic numbers and international arrivals. “We are upbeat as all indications are that our tourism sector is on a...
www.gov.za www.gov.za
Click to expand...
That’s an incredible figure, hard to believe that could be possible, well hopefully all the crime and loadshedding doesn’t scare the tourists away because going by that we desperately need them.
 
Rand is doing better than I predicted back in 2019 - R20 per dollar.
 
Sooo, are we seeing a steady recovery to potentially go back to R16 per $ or are we still fscked ?
 
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