ZAR taking a dump...

[RAArmstrong]

Have you seen the rand ratio to the pound lately? :nonono:

It's the highest I've ever seen.

Really, you young kids. In 2003 the rand got as low as 22 odd to the pound.

I remember this. Only because we went to the UK in 03 for a wedding... My dad still bitches about it :fencelook:

 

[speeddemon]

All i can do is :rollsmile::rollsmile:...I just love it when the rand get's this weak:fencelook:

 

[ChefDJ]

Have you seen the rand ratio to the pound lately? :nonono:

It's the highest I've ever seen.

Really, you young kids. In 2003 the rand got as low as 22 odd to the pound.

Psh I was only 13 then. I was more worried about if I had enough lunch money for an ice cream after school...

 

[moranor@axis]

there is no wondering why investors are not running to us with their money:
http://www.bmwfanatics.co.za/showthread.php?tid=60279

 

[prospect]

Hoping it doesn't go higher than 11.05.

 

[superchip335]

And my container is coming next week...:argh:

rate for customs is based on SOB date, so this wont affect you "yet":=):

 

[tcal69]

And my container is coming next week...:argh:

rate for customs is based on SOB date, so this wont affect you "yet":=):

Yeah true, key word "yet"

 

[MaX]

See ZAR turned by 10.99 mark yesterday...

 

[MaX]

There we go - R11.00 to 1USD :bravo:

 

[moranor@axis]

TBH and I need to order some Vanos stock hope it gets a bit better next week...

 

[GGM]

Some hesitation being shown in breaching the 11.00 mark on USD-ZAR over recent sessions and we may well see some consolidation feature around here prior to SARB/FOMC meetings next week. However, event risk still exists in US data today and the persistent deterioration of SA fundamentals warn that techs can be overridden to leave the rand on weakening path despite the overbought pair. Breach of 11.00/01 opens a new higher range of 11.00-40

Investec's daily report

:fencelook::fencelook::fencelook:

 

[Crash_Nemesis]

This is such bullshit...

I just placed an order for a pretty damn expensive Digital Film Camera in the USA, and the price jumped up by R10 000 in two days just because of the exchange rate.

FML.

 

[maximus]

US$1 = ZAR 11.0134 @ 2014-09-13 11:41

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GBP was 10 cents short from ZAR18.

 

[Crash_Nemesis]

I read somewhere we might see R11,40 to the dollar next week.

 

[ChefDJ]

:nonono:

 

[Peter@AEW]

Very little to do with our political figures and all to do with our current account and a desire by investors for safe havens and a return to the dollar.

We are likely to see the status quo for the next 2 to 3 years.

 

[Marco-Chung]

Bank sales said to me...will be 12.5 to USD..

 

[maximus]

Just hit R11.07 @ 2014-09-18 17:30 UTC

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GBP: R18.1283

 

[DieselFan]

Anyone in the finance game? Is the dollar going to keep going up? Going to the states in November. I wonder if I should exchange rand for dollars now.

 

[adamr]

Depressing thread this... Mods should put a warning on the title

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