Rand hits R8.90 to the $ | The Rand Today

PayPal in South Africa - Restriction to E-commerce?	Inflation up to 8.6%
Prepaid credit card	Producer price inflation figures are out

Latest rate

Archives
Links
Credit history and collateral are immaterial in payday loans.All you need is job and internet to get loan

At bettertrades some of the top trading instructors can educate you in trading stocks.With real time markets you can track up to 10 portfolios and 500 stocks at one time.

pagerank checker - Directory - cheap web hosting

Monday, 6th October 2008 at 9:14 pm

Rand hits R8.90 to the $

With the JSE slumping today by 7%, the local currency also took a huge knock. The rand lost 5% today against the US dollar. Just after 16:00 today, the rand was trading at R8.90/$ its weakest level since January 2003. Some people out there may think that this slump in the rand is because of the political changes taking place in South Africa right now but that is not the case. It is true that political instability can affect a local currency but in South Africa’s case, the falling of the rand is largely attributed to the chaos on Wall Street which is causing panic on the world markets.

JSE hits 3 year low
The JSE closed 5.02% in the red today (Thursday). This has resulted in a three year low for the all share index as it touched 17 814 points. The drop ...
Rand gets close to R8 / dollar
At lunch time today (8 February 2008), the rand traded at R7.8675 against the dollar after having earlier reached the R7.875 mark. It is not looking t...
Rand reaches 2 month high against the dollar
The rand firmed 1% to its strongest level against the dollar in two months today (22 July), despite the greenback's own rally after a Federal Reserve ...

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.