USD/ZAR - US Dollar South African Rand

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Joe Dough 13 hours ago

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$20 by June doesn't feel all that unlikely.

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Adam Barnard Feb 07, 2025 2:41PM ET

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surprised ZAR is more than holding up. some tariffs definitely coming South Africa's way next week.

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Adam Barnard Feb 07, 2025 2:41PM ET

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well, services dont normally get tariffed. South Africa will never be in a strong bargaining position witht the US, whatever the inbalances are. any reduced business witht he US will hurt them disporationatly especialy in a aworld where all the growht is happning in the US.

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Bodacious Feb 07, 2025 2:41PM ET

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A tariff is a tax imposed by one country on the goods and "services" imported from another country VAT on imported services must be paid by the recipient. S.A. must surely be able to source services from elsewhere because the US is ranked U think 13th or so in education so there are 12 other potential service providers and several service based economies in the world.

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Adam Barnard Feb 07, 2025 2:41PM ET

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Bodacious 1.ok, but trump is not imposing tariffs on services 2. irrelevant, and you digress but for your argument sake US no a)13th school education b) no.1 tertiary/ post grad which matters more for services c) even more important, education in US is less relevant as attracts human capital from all over the world. I am south african came over to yale and now work here. musk is another example who didn't go through their school education system. but you digresssl

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Adam Barnard Feb 07, 2025 2:41PM ET

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here are some more. Sergey Brin … Nationality: American, Soviet George Soros … Nationality: American, Hungarian Pierre Omidyar … Nationality: American, Iranian Jan Koum … Nationality: American, Ukrainian Jorge Perez … Nationality: American Patrick Soon-Shiong … Nationality: American, South African Shahid Khan … Nationality: American, Pakistani Bharat Desai … Nationality: American, Indian Do Won and Jin Sook Chang Eren Ozmen … Nationality: American Kavitark Ram Shriram … Nationality: American, Indian

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Bodacious Feb 07, 2025 2:41PM ET

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What I said was S.A. in response could simply tariff the service industry given the US runs a trade surplus in services with S.A. My point being anyone can tariff another. For example S.A. is not allowed to manufacture it's own vehicle brands it can only assemble western vehicle brands because of unfair trade practices been in place for decades. So imposing steel tariffs for example is in fact tariffing companies in S.A. such as Smoltz and Bickenbach which are in fact European companies. So tariffing S.A. on steel which comes from Germany and imposing taxes on exports e.g. vehicles assembled in S.A. under unfair trade practices is hardly an honest practice.

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Bodacious Feb 03, 2025 11:37PM ET

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Dollar is going to weaken further against the Rand this month

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MarthinusDeBeer Feb 02, 2025 3:33PM ET

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New hurt for ZAR is loading for this February.This Monday will play the Blues

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Bodacious Feb 01, 2025 12:58PM ET

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This pair is so unrealistic that they need to start up loadshedding this past Friday.. .hahahaha

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Jaka Kovacic Jan 29, 2025 12:15PM ET

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why is rand today so strong ?

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Bodacious Jan 29, 2025 12:15PM ET

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Because the dollar is worth nonsense and the the rand can't pretend anymore to be worth less

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Bodacious Jan 29, 2025 12:15PM ET

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Ah yes also the US Fed held rates flat whilst the no good rand cut rates further...lmfao

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MarthinusDeBeer Jan 28, 2025 6:25AM ET

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The 29 January at 21:00pm South Africa time is the US Federal Decision Rate.

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MarthinusDeBeer Jan 22, 2025 11:32PM ET

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I cancel the ZAR and EUR both in lost. The other is doing good

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MarthinusDeBeer Jan 22, 2025 9:46PM ET

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Time for me to buy scary ZAR. I already Selling SP500, BTC/USD, EUR/USD and Buy VIX. Stock mark going to be in red zone when it opens later today

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MarthinusDeBeer Jan 20, 2025 11:49AM ET

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This was a pleaseant surprise drop to see

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