The ZAR Exchange Rate Thread

[Ho3n3r]

It's more USD weakness than ZAR strength.

This.

 

[Diesal]

Well since it's testing 11.95 it looks like if Zuma were to step down we could go below 11.50..

Possible rate cut come March but lets see

 

[Diesal]

It's more USD weakness than ZAR strength.

Yeah, dollar down against most EM currencies, The US Dollar Index is 2.8% weaker over the last 10 days...

 

[ngwe23]

It's more USD weakness than ZAR strength.

Indeed.

 

[Pho3nix]

Indeed.

LOL not to push us over R12. Zupta situation and markets expecting him to leave

 

[CataclysmZA]

R11.94 to the dollar is a good feeling. We've reversed two years of straight decline and it'll continue trending down/stronger.

Man, R10 to the dollar? Quite possibly in range should Zuma step down this year. That'll have an immense knock-on effect on things like PC component prices and our petrol price.

 

[Sumen]

Rand strength shows Team SA Inc doing its job in Davos - analyst

https://www.fin24.com/Markets/Curre...-inc-doing-its-job-in-davos-analyst-20180124?

 

[Sumen]

R11,89/$

 

[Sumen]

R11,81/$

 

[Sumen]

R12,01/$

 

[Priapus]

R12,01/$

Was fun whilst it lasted. Back towards that R15.00 / $1 mark we go.

 

[saturnz]

Was fun whilst it lasted. Back towards that R15.00 / $1 mark we go.

Easy to shout out random numbers without attaching a date to it.

 

[Sumen]

Stronger again at R11,83/$

 

[DrJohnZoidberg]

Forex payment came through this morning at R11.72.

The ups and down of being paid in USD

 

[cerebus]

Forex payment came through this morning at R11.72.

The ups and down of being paid in USD

I've got 2 more weeks to go /shudder

 

[Priapus]

Easy to shout out random numbers without attaching a date to it.

Yes it is.

 

[Sumen]

R12.15/$

 

[Lupus]

R12.15/$

Yup rands lost a bit of ground, probably related to the struggle of getting rid of numba wun

 

[saturnz]

Yup rands lost a bit of ground, probably related to the struggle of getting rid of numba wun

Or the global financial crash the past two days....

 

[Lupus]

Or the global financial crash the past two days....

Nope I thin it's more related to our own issues, seeing as the global financial crash hasn't occurred yet, it might in a few days.