The ZAR Exchange Rate Thread

[snoopdoggydog]

lol, Snoop has received an infraction (one of many)

Please MODS BAN Snoop, Pretty Please

Snoop has made $2800 this morning, NOW BAN Snoop

Snoop has disrupted the minds of the mindless including yours

 

[ToxicBunny]

disrupted the minds of the mindless?

Interesting idea, but nope.. Most of us just wonder what is wrong with you that you insist on talking in the third person constantly.... Its very weird.

 

[Ho3n3r]

lol, Snoop has received an infraction (one of many)

Please MODS BAN Snoop, Pretty Please

Snoop has made $2800 this morning, NOW BAN Snoop

Snoop has disrupted the minds of the mindless including yours

 

[FlashSA]

All I want for xmas is sub R13....

1 US Dollar equals
13.50 South African Rand

 

[FlashSA]

Sub R13 sometime Monday? The Rand loves Cyril...

1 US Dollar equals
13.19 South African Rand

 

[3WA]

Sub R13 sometime Monday? The Rand loves Cyril...

1 US Dollar equals
13.19 South African Rand

Or Zuptas keeping it up, hoping to cash in come Monday when it's R16.

 

[cerebus]

Or Zuptas keeping it up, hoping to cash in come Monday when it's R16.

What's happening Monday?

 

[reactor_sa]

Lost about 15% of the days gains on news of Zuma's free unaffordable tertiary education

 

[HavocXphere]

gah. All for the ZAR strengthening but can't we postpone that for two weeks?

 

[Spizz]

gah. All for the ZAR strengthening but can't we postpone that for two weeks?

It’s worked out great for me for a change.

Got a great rate buying rand just in time on Thursday before it strengthened. Now family holiday in uk starting tomorrow when it’s strong so more pounds

 

[HavocXphere]

It’s worked out great for me for a change.

Got a great rate buying rand just in time on Thursday before it strengthened. Now family holiday in uk starting tomorrow when it’s strong so more pounds

haha yeah looking at the graph I pushed through the big transactions just in time too.

 

[Hamster]

What's happening Monday?

We'll know who the new ANC president is.

 

[krycor]

I have a sneaky suspicion the rand will tank slightly on Monday due to the education announcement and Gigaba not having any real answer for where the money is coming from.

If CR wins maybe it will just sit still? But I think will just weaken regardless.

 

[Drifter]

5% stronger if CR wins, 15% drop if NDZ does.

 

[RogueTr00per]

We'll know who the new ANC president is.

If i heard correctly, there might be a delay on that and the ANC spokesperson said they don't care about what affect a delay on the decision has on the markets.

 

[LazyLion]

Rand trading at R12.80 to the Dollar - probably on rumours that Ramaphosa will be elected president at the 54th ANC elective conference.

 

[Creag]

Rand trading at R12.80 to the Dollar - probably on rumours that Ramaphosa will be elected president at the 54th ANC elective conference.

...and official leader of the opposition in 2019

 

[berghie]

Who can make sense of this FX movement of the ZAR strengthening. How are people buying ZAR when our credit ratings are going down the toilet?

 

[3WA]

Who can make sense of this FX movement of the ZAR strengthening. How are people buying ZAR when our credit ratings are going down the toilet?

Maybe the downgrade's already been priced in for a few months, and now the gullible are thinking that a new ANC leader means economic reforms?

 

[saturnz]

Who can make sense of this FX movement of the ZAR strengthening. How are people buying ZAR when our credit ratings are going down the toilet?

The rand is not the only thing that doesnt make sense. Alot more important metrics are not making sense at the moment.