Comments on: Global Currency Wars Reveal the World’s Best Money Plays

By: Rodreguiz

Rodreguiz — Wed, 24 Jun 2009 04:58:42 +0000

Eddie,

U are spot on about the South African interest rates. What I have noticed is that more often than not when the Rand discount rate is cut – instead of dropping in value the Rand rises against the basket. Any idea why this is the case – it appears to me to be peculiar to the Rand and suggests some sort of forex manipulation – if so – how and by whom?

By: Dr. S. K. Sharma

Dr. S. K. Sharma — Wed, 24 Jun 2009 02:30:31 +0000

I wonder what would happen if all countries resort to devaluing their currency. There is need to have a common understanding.
Dr. S. K. Sharma

By: Dr. S. K. Sharma

Dr. S. K. Sharma — Wed, 24 Jun 2009 02:26:17 +0000

I am convinced by the article. I wonder what would happen if all countries resort to devaluing their currency. There is need to have a common understanding.
Dr. Surendra Sharma

By: Investing in gold

Investing in gold — Tue, 23 Jun 2009 22:34:58 +0000

[...] Note: Part II of two installments. Part I ran yesterday [...]

By: Eddie

Eddie — Tue, 23 Jun 2009 15:45:50 +0000

I live in South Africa and interest rates are definitely not 4.5%.
The discount rate is 7.5% but will in all probability be cut to 7.0% on 25 June.