The ZAR Exchange Rate Thread

[R13...]

We'll be needing a new fin min soon I think. Tito appears to be a bit unhinged. And he's Tsonga unless he's talking about his Zulu origins way back when they split from Shaka.

 

[Visser]

https://twitter.com/x/status/1060755453045600256

Anyone knows what caused the ranting?

I do not know what caused it, but he certainly is an idiot for uttering these words on a public platform. Just shows the incompetence and in what danger this country really is if he is the best the ANC can put in this position.

#RIPSA

 

[Jola]

I do not know what caused it, but he certainly is an idiot for uttering these words on a public platform. Just shows the incompetence and in what danger this country really is if he is the best the ANC can put in this position.

#RIPSA

The ANC only has idiots.

To prove the contrary they would have to get rid of many, many cadres.

 

[d0b33]

https://twitter.com/x/status/1060755453045600256

Anyone knows what caused the ranting?

Tito needs to exchange some dollars?

 

[NarrowBandFtw]

https://twitter.com/x/status/1060755453045600256

Anyone knows what caused the ranting?

I'm still not that sure the twitter account is legit, for one thing both @titomboweni and @tito_mboweni exists with one being very controversial and the other pretty much silent.

Time for Tito to go and verify his twitter account so we know what's what

 

[Gtx Gaming]

13.33 to the dollar today.

 

[Ockie]

13.33 to the dollar today.

Wow ... nice .... R7.00 here we come!!!!!!!!

 

[TelkomUseless]

Wow ... nice .... R7.00 here we come!!!!!!!!

 

[ScottulusMaximus]

13.33 to the dollar today.

!!!does a happy dance!!!

 

[Sideshow Bob]

Wow ... nice .... R7.00 here we come!!!!!!!!

haha - not good for exports or tourism though?

I seem to recollect some old article stating that 9 & 11 economy was generally good for everyone. 9 to dollar and 11 to pound.

 

[Gtx Gaming]

13.2685

Looking good we had a 17B positive trade balance.

 

[TelkomUseless]

haha - not good for exports or tourism though?

I seem to recollect some old article stating that 9 & 11 economy was generally good for everyone. 9 to dollar and 11 to pound.

Still cheap for tourist...

 

[Sideshow Bob]

Still cheap for tourist...

of course but 1 pound = 22 in 2016 was dirt cheap compared to 1 pound = 11ish in 2005.

 

[d0b33]

Has it not been a trend for a while that when the Rand strengthens a massive drop will follow?

 

[*SynergyX*]

eish people dont like tito ne ---> talking for 5 mins and rand dives 2%

 

[Swa]

Rand is pulling a Bitcoin.

 

[genetic]

eish people dont like tito ne ---> talking for 5 mins and rand dives 2%

Rand has actually strengthened.

 

[reactor_sa]

Rand has actually strengthened.

I think he means it's the most volatile currency in the world.

*Not verified but highly probable

 

[yebocan]

I think he means it's the most volatile currency in the world.

*Not verified but highly probable

yep most volatile ...with our fundamentals so screwed... ZAR goes with the prevailing winds

 

[FlashSA]

Quiet in here considering the R14.30-R14.50/$ we've been having