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South African Rand


Guest Lara

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Lara it's a shocker. It's at it's weakest level in 3 years today. I am speechless with worry, all our funds are tied up here in shares (also taking a battering), and we are getting poorer by the minute. I suppose we will have to try & wait it out, but with NO dollars it's going to be one loss after another.

:ilikeit: Bronwyn

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Wait guys let me shock you, I still urn money in South Africa on a monthly basis I have lost 25 % in income since we arrived in Perth it this Rand slump continues I will be forced to stop my contract on that side.

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Hi everyone,

Charts of the Rand vs. Aussie dollar attached. Also Rand vs. US dollar for a longer term perspective. Just busy reverting to the mean...but yes, the best levels of the Rand are now behind us.

Cheers

Charl

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