Sunday, July 11, 2004

Raymond Parsons has an interesting article on the curent strength of the Rand. He rightly points out that whatever its value there are always going to be winners and losers. The important thing is to reduce the currency's volatility and make it easier for investors to predict the medium and long term outlook.


At 12 July 2004 at 15:25, Blogger Vaz said...

Parsons is talking sense unlike other commentators in various media. Rand's long term stablity is sorely needed.

However COSTAU's economist is talking nosense. How did COSTAU come to their own ideal Rand value from?


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