i was looking at a graph of the exchange rate since last year and noticed a steady decline...
what do you think the chances are that it will go below R4 or even as low as 1 to 1 anyone have experience with this type of thing.
i tell you why i want to spend R100 000 on a piece of equipment but i am not in a hurry to buy it...in fact i am watching the exchange rate to see how low it will drop.
just think if it did drop to 1 to 1 i could buy the same piece of equipment for R14000 that is a huge saving (R84000)
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