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This quote is just one of 7 total George Glynos quotes in our collection. George Glynos is known for saying 'If you look at the historical volatilities of the rand you'll find that they have declined through the year.' as well as some of the following quotes.
It's a terrible number but typical at the start of the year when you get a replenishment of inventories which boosts imports. But we are also still seeing the affects of the strong rand.
There is a socially responsible reason for wanting to redistribute land and foreigners may be purchasing land in rural areas where the government wants to redistribute.
The rand is coming under a bit of pressure on the back of very strong retail sales data out of the US, but I'm not expecting it to weaken too much further given that the Budget tomorrow is taking centre stage with the locals. It should remain in a 6.12 to 6.20 range.
This quote is just one of 7 total George Glynos quotes in our collection. George Glynos is known for saying 'If you look at the historical volatilities of the rand you'll find that they have declined through the year.' as well as some of the following quotes.