5 reasons why waiting for ‘the perfect exchange rate’ doesn’t work
African News Agency | 19.03.2026 03:31
There was a time when people stuffed banknotes into mattresses, books, and biscuit tins because they didn’t trust the banks. Bankers saw it as “dead money.” Today, the mattress has become a bank account, but in rands. Money is parked onshore, waiting for a “perfect” rate, while the real growth happens offshore.
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