The ZAR Exchange Rate Thread

[krycor]

R15.93 sheeesh

 

[Seriously]

R15.93 sheeesh

Vrok!

 

[supersunbird]

Great, the year I will have extra money to invest into overseas focused funds and this happens...

 

[Necropolis]

Fun times!

:/

 

[Xarog]

Great, the year I will have extra money to invest into overseas focused funds and this happens...

Why's that a bad thing? Send the money overseas, if the currency loses its value when you bring the money back you'll increase your wealth substancially relative to if you keep it in the country the entire time.

 

[supersunbird]

Why's that a bad thing? Send the money overseas, if the currency loses its value when you bring the money back you'll increase your wealth substancially relative to if you keep it in the country the entire time.

Cause the R should only have gone so much weaker a year or 2 AFTER I started

 

[Xarog]

Cause the R should only have gone so much weaker a year or 2 AFTER I started

 

[MickeyD]

Beijing devalues Chinese yuan again

http://www.theaustralian.com.au/bus...n/news-story/136e6d5716f0de8c798e6070f4d24007


Expect some carnage on the JSE again today...

 

[DeathStrike]

Beijing devalues Chinese yuan again

http://www.theaustralian.com.au/bus...n/news-story/136e6d5716f0de8c798e6070f4d24007


Expect some carnage on the JSE again today...

that sucks.

At least when it recovers I will buy more shares.

 

[Jase]

that sucks.

At least when it recovers I will buy more shares.

You optimism is noted young Padawan

 

[FrankieK]

Come on!!! You can do it!!!

 

[Draganchor]

http://www.xe.com/

Official, there goes my business plan

 

[Ockie]

16,13

Yoh...ok ... so I think it is safe to say we are done with the R15.00 era ... we now well into the R16 one and heading swiftly to the R17.00 era.

 

[Johnatan56]

16,13

Yoh...ok ... so I think it is safe to say we are done with the R15.00 era ... we now well into the R16 one and heading swiftly to the R17.00 era.

It's R16.06 right now.
Some people think it will hit R17 to the dollar tomorrow.

 

[Ockie]

It's R16.06 right now.
Some people think it will hit R17 to the dollar tomorrow.

news24.com not refreshed then perhaps.

 

[johnjm]

Nothing on the 16.29 closing? Ouch.

 

[ellyally]

JZ opening his mouth today. 17.50 by monday afternoon?

 

[Thor]

The Rand will recover this is artificial.

The Rand will settle on 11 - 12 and the recovery will start from around July

 

[Nefertiti]

The Rand will recover this is artificial.

The Rand will settle on 11 - 12 and the recovery will start from around July

and what do you base this assessment on?

 

[JayM]

The Rand will recover this is artificial.

The Rand will settle on 11 - 12 and the recovery will start from around July

You mean right after the downgrade?