Sunday Times. Could someone please explain the meaning to me?

[#1]

In Business Times i read: The cheaper the greenback, the better for commodities because commodities are priced in dollars. Now if it is, say, R5 for 1 very weak dollar and they are paying 11 dollars an ounce we are getting only R55 per ounce. If the dollar were strong (say R10 to a dollar) we would get 110 rands an ounce. If they are saying because of the weak dollar the dollar price will go up we are still only getting R55 per ounce, but selling for more dollars. Why is a weak dollar good?

[#2]

Sorry last part should read: If they are saying because of the weak dollar the dollar price will go up we are still only getting R5 for each dollar, but selling for more dollars. Why is a weak dollar good?

[SimonPB]

you're looking at what the mines earn .. at R5 one can buy the commodity at R55 vs. R110 when the US$ is stronger .. so at R55 one would assume more is sold/transacted ..

[CrownA]

A waek dollar is good for improts like Oil - oil gets cheaper in Rands, but when we are selling we want a strong dollar, more Rands for our sales. If we want to stay a net exporter we want a strong dollar, IMO. That is what made eeryone so much money when the Rand tanked, just like the USA is going to experience now.