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Decline in the value of our currency

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topgun
Super Contributor
more reasons to be optimistc - http://www.news24.com/News24/AnanziArticle/0,6935,2-7-1442_2266652,00.html - of course we can ignore all these and focus on the weather.....
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john_1
Super Contributor
To hedge the rand in SA buy the duel listed minning stocks ( agl ) as their cost are largly in rands and they sell thier products in dollars. Also Lib Int as all its eanings are in pounds, SAB is another example. Though putting cash ofshore now is a good Idea, as the JSE realative to the world index just broke its six year up trend as a result of the currency moves.
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boing
Frequent Contributor
Is there an institution one can go to and buy foreign currency. Not currency futures, not rand hedge shares; simply buying dollars or euros or pounds with your rands.
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