The design of the money is honestly irrelevant, it's its purchasing power that the reserve bank should focus on. Cost of living is what the bank should be focusing on, the new BRICS currency is what the Reserve Bank should be focusing on.
The R5 coin with a whale is confusing in South Africa and in Africa. Whales play no role in any national symbolism coz they are not african animals. They could have just put the african penguins in cape town coz that would have made some sense, but a whale has no meaning here. 2:19
So the integrity of our paper notes is world class, yet the value of our notes is massively compromised each time the ANC does something stupid… what a clown show.
Why do we pay international to print Local currency? If the international monetary Fund decide the local currency is worth less every month, why do we have central bank digital currency, Should the value not increase with the new notes? or is it just export more minerals for the same currency.?
With the lowest economy that South Africa finds itself in, I do not believe that this expense necessary. Somebody somewhere has/is making a few bucks on the sideline. Sure it may be nice to have, but our economy is at an all time low and could have been deferred.
The design of the money is honestly irrelevant, it's its purchasing power that the reserve bank should focus on. Cost of living is what the bank should be focusing on, the new BRICS currency is what the Reserve Bank should be focusing on.
What is the use of upgrading coins and banknotes if the monetary value of the RAND is still the same???
We want digital Rand backed by our minerals
Do we still necessarily need 10c coins? Chances are that it costs them more than 10c to make 10c.
Congratulations @ SA Reserve Bank On Upveiling New Bank Notes And Coins And Thank You ,@ SABC News for Updated News 👍👍❤️❤️
Those who have hidden their money for years must take it to the Bank for an exchange 😂🤣😂🚮
😂😂
It’s costs $0.30 to print an R200 note what a scam
Nice bank notes and coins
R300 note or a R500 note would also be nice to have.
The R5 coin with a whale is confusing in South Africa and in Africa. Whales play no role in any national symbolism coz they are not african animals. They could have just put the african penguins in cape town coz that would have made some sense, but a whale has no meaning here. 2:19
… you may be 100% right. Also, all who agree with you should leave the Western Cape and move back into Africa.
Is that why you increased the repo rate, to get money to print your new money,
When are they unveiling a decrease in the Repo rate and inflation 🥱
Who wants to counterfeit the SA rand 😅 .... really, be more ambitious. Fix the flipping roads and train your police force !
We should use a polymer note
Guys can you please tell us about Berry Trading Platform 🤷🏻♂️
So the integrity of our paper notes is world class, yet the value of our notes is massively compromised each time the ANC does something stupid… what a clown show.
Sbwl a life where I don’t see 10,20 and 50 cents in my life 🤣🤣😭
Why do we pay international to print Local currency? If the international monetary Fund decide the local currency is worth less every month, why do we have central bank digital currency, Should the value not increase with the new notes? or is it just export more minerals for the same currency.?
Because South Africa no longer has the expertise to print its own money.
Money printer goes "Brrrrrrrrrrrr"
With the lowest economy that South Africa finds itself in, I do not believe that this expense necessary. Somebody somewhere has/is making a few bucks on the sideline. Sure it may be nice to have, but our economy is at an all time low and could have been deferred.
THE POOR NEED HOUSES ....!!!!!!!!!!!!!!!!
Why!!!!!!??????
Waw
Biggest crash on its way.......RV....QFS....
Coins feel like tin low quality metals used . How cheap
Who cares?
Leanne's top looks like my mums sunroom's curtains.