@bossauboshoff Yes please give us your take on this. Even if the number is $10 billion where do you the rand going to. Surely it is totally oversold currently? I think 15,50 is a good target. You dont even have bring the off shore investments back, maybe hedge or cash in some rand dollar profit
@MagnusHeystek Why now? Friday night in thin markets. Why not after market closes? A lot of rand weakness driven by speculators with 300-1 gearing. We need Central Bank to intervene and push rand back to 16,00! Biggest problem or flaw with financial markets is gearing!
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