What the Heck, Rand?

[Arthur]

Guys, keep in mind the bank quotes are including their commission and profit margins.

True.
But the Sell Rate (mid) I'm quoting is what We The People (on the 79 bus) pay.

 

[boramk]

****e R9??

 

[Generator Man]

True.
But the Sell Rate (mid) I'm quoting is what We The People (on the 79 bus) pay.

True that.

 

[kiepie]

recovery to R8.25 tomorrow

Bwahaha!! Do you even know why the Rand is at the current levels?

 

[alloytoo]

Bwahaha!! Do you even know why the Rand is at the current levels?

Yanks are remitting cash home from all sources to cover their arses. All currencies are taking a knock against the dollar. However, a strong dollar is likely to exacerbate their economical woes in the long term, so I don't see it sustaining these levels.