Rand Quotations
Rand Quotes from:
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Anyone Quotes
It was a good 15 or 20 years before anyone at Rand would be in the same room with me. They didn't want the question raised, 'What's your relationship with Daniel Ellsberg?' And not one of them wrote me a letter because they didn't want a letter of theirs to show up in my trash - which the FBI had been going through.
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Bush Quotes
Rand Paul does not like being compared to his father Ron any more than sons named Bush like to dance in their father's shadow, but the crucial difference is that while the Bushes all hail from the relative mainstream of the GOP, the Pauls have an ideological tributary virtually to themselves.
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Behind Quotes
More importantly it depends on the drivers behind any possible interest rate hikes. Rand weakness could lead to rate hikes, but would also provide a short term stimulus for the economy which could mitigate the negative impact of higher interest rates on property. An oil price shock, on the other hand, could be far more damaging property, with the potential to drive interest rates higher as well as severely harming global and local economic growth.
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Code Quotes
Another issue likely to resurface is the matter of 'a more competitive exchange rate', deciphered as code for the rand to weaken. Moral suasion such as this may be good for export-biased manufacturers, but will hardly be considered good for observers of inflation, or long-term interest rate markets.
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Across Quotes
Ever since the turn of the Millennium, we have experienced consistent, and sometimes spectacular growth across our market. Even the difficult period experienced with the foreign exchange value of the Rand in the second half of 2001, with its push-on affect in the interest rate arena, did not reverse the trend, and now that we have experienced more than three years of currency robustness, price stability and a positive financing scenario, the results can speak for themselves.
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Activity Quotes
The slight depreciation of the rand during March seems to have impacted positively on both the export performance of manufacturers as well as the degree of import competition. This is a positive development. However, compared to other sectors of the South African economy (excluding mining), where both activity and confidence are at high levels, the manufacturing sector is clearly still under pressure.