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I think there is more of it to come and not just against the $. Look at the chart of the Euro. It's sitting on the edge of a cliff. Since the mess in the end of 2001 and major low in 2005 it retraced only to the 23.6% Fib! Tito will make sure his inflation target is in check which will boost the Rand further and we can go on nice holidays overseas ;)