Exchange4free Blog

Welcome to the Exchange4free blog!
Keep abreast with important economic events and currency news and it's affect on the markets and foreign exchange rates.

BUDGET SPEECH: SARB INCREASES ANNUAL ALLOWANCES!

The South African Reserve Bank has announced the following increases to private client limits with effect from 1 April 2015:   - FOREIGN INVESTMENT ALLOWANCE   South African residents foreign investment allowances will increase from R4 ...
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Australian Bank Account Issues and Challenges for the Money Transfer Industry

To all our valued clients, Exchange4free would like to take this opportunity to explain the current situation in the Australian money transfer industry with regards to bank accounts.   There is a drive by Australian banks to close the operati...
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Scotland votes 'NO' to independence - Pound Rallies

The majority of Scotland voted 'No' to independence in the Scottish referendum to leave the United Kingdom.Over the last few weeks, sterling has fallen on fears that Scotland would vote in favour of leaving the UK. After the no vote, the pound has hi...
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Breaking News: SARB keeps interest rates unchanged

Gill Marcus the South African Reserve Bank (Sarb) Governor, has stated that interest rates will remain unchanged. The repo rate will remain fixed at 5.75% per annum in order to support weak activity in the local economy, despite inflation concerns an...
Recent Comments
Brad Kingston
Thanks for your comment MvanHattum. Positive change is definitely needed. The South African economy has been hard hit by the effec... Read More
Monday, 13 October 2014 10:56
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