TelkomUseless
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So there goes our petrol price (and everything else linked remotely to petrol)
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The ZAR Exchange Rate Thread
- Thread starter Robin Hood
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TheRidDlerX
Senior Member
Probly overseas currency or stocks getting more valueable by the second because of it.
TelkomUseless
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Cameronkk
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Hosehead
Executive Member
That's what I've been saying about foreign inflows and how quick they turn to outflows. If Gill Marcus is forced into a rate cut the outflows will increase
ToxicBunny
Oi! Leave me out of this...
fscking hell.. nearly 9% down in less than a month.
DreamKing
Honorary Master
I earn in dollars so a dip like this is a nice added bonus and more than make up for all the negative attached to it i.e. increased petrol price etc...
Times like these are big paydays for those earning in a foreign currencies and even more so if they can control the times at which money is brought back.
OMB
Mountain Man
petrol R20/L next month.
and the associated increase in everything else
biometrics
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Good for me
You live in the UK so how is it good for you?
Last edited:
GoofySmurf
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Mila
Honorary Master
Foreigners are usually the biggest/largest buyers of our bonds when compared in volume. Also, locals tend to hold onto our own bonds and stock much longer than foreigners do when things go through the fan a bit...
They [the foreigners] jump ship at the first sign of trouble whereas the locals are more prepared to weather the storm as we are used to things going through the fan about three times a day
Lightscribe
Banned
Why would we need a rate cut if we want a stronger rand or is it all about growth? .Surely we need a rate hike which will bring money here due to its increased yield and this inflow will strengthen the rand .Or am I missing something?
agentrfr
Executive Member
It was an okay day for the Rand today. We've ended off pretty much where we started today.
The real kicker today was AUDNZD. I'm not quite sure what has been going on between the two countries, but it was a real treat to trade today.
The real kicker today was AUDNZD. I'm not quite sure what has been going on between the two countries, but it was a real treat to trade today.
Foreigners are usually the biggest/largest buyers of our bonds when compared in volume. Also, locals tend to hold onto our own bonds and stock much longer than foreigners do when things go through the fan a bit...
They [the foreigners] jump ship at the first sign of trouble whereas the locals are more prepared to weather the storm as we are used to things going through the fan about three times a day
Sounds stupid. Investing based on sentiment=epic fail. Tbh, I don't believe it
Exports become more competitive finally.
That and bringing in Euro's is much better!
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