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Thread: The ZAR Exchange Rate Thread

  1. #31
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    The US still maintains they favour a strong dollar policy and look what the dollar has done over the last couple of years. Protecting the value of the currency can be best served by allowing it to weaken.
    Do NOT construe anything I type as advice

  2. #32
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    Quote Originally Posted by milomak View Post
    The US still maintains they favour a strong dollar policy and look what the dollar has done over the last couple of years. Protecting the value of the currency can be best served by allowing it to weaken.
    ecos 101

  3. #33
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    Quote Originally Posted by milomak View Post
    The US still maintains they favour a strong dollar policy and look what the dollar has done over the last couple of years. Protecting the value of the currency can be best served by allowing it to weaken.
    Sure but I don't think anyone wants to see R13/dollar again, especially with high global commodity prices, particularly oil, it wouldn't help SA much. Especially since Eskom needs to import equipment for its expansion.

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    Quote Originally Posted by Syndyre View Post
    Sure but I don't think anyone wants to see R13/dollar again, especially with high global commodity prices, particularly oil, it wouldn't help SA much. Especially since Eskom needs to import equipment for its expansion.

    yeah,thats too extreme..a really weak rand is not good,i think the rand is fine in the range of 7-8 to the dollar,but thats just the economist in me

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    Quote Originally Posted by theratman View Post
    yeah,thats too extreme..a really weak rand is not good,i think the rand is fine in the range of 7-8 to the dollar,but thats just the economist in me
    Not far from where it is now then. I think the issue at the moment's more dollar weakness than rand strength, its been dropping against almost all major currencies.

  6. #36
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    Quote Originally Posted by Syndyre View Post
    Not far from where it is now then. I think the issue at the moment's more dollar weakness than rand strength, its been dropping against almost all major currencies.

    the dollar weakening is a concern...wonder what country theyl invade next..iraq isnt bringing them enough money

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    Quote Originally Posted by theratman View Post
    the dollar weakening is a concern...wonder what country theyl invade next..iraq isnt bringing them enough money
    Iran?

  8. #38
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    hehe,they are so buggered in iraq already,iran will be a slaughter,iranians are hardcore compared to iraqis

  9. #39
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    i don't think is talking R13 to the dollar when they say a weaker rand would be good for the economy.
    Do NOT construe anything I type as advice

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    A weaker rand can easily lead to higher inflation and higher wage demands which could then offset any pricing advantage.

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    Rand is dropping slowly...

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    Must say, according to the figures, the strengh of the Rand hasn't realy been affected yet...

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    Quote Originally Posted by Syndyre View Post
    Sure but I don't think anyone wants to see R13/dollar again, especially with high global commodity prices, particularly oil, it wouldn't help SA much. Especially since Eskom needs to import equipment for its expansion.
    Man those were the good ole days as I was earning tax free dollars back then .....
    Don't mind me, I'm just here to fill my head with crap.
    DILLIGAF?

  14. #44
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    Quote Originally Posted by Jase View Post
    Man those were the good ole days as I was earning tax free dollars back then .....
    lol

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    Quote Originally Posted by noxibox View Post
    A weaker rand can easily lead to higher inflation and higher wage demands which could then offset any pricing advantage.

    if it is an orderly adjustment then that risk is very minimal
    Do NOT construe anything I type as advice

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