... good thing for the South African economy because of the weakening of our Rand, dollar exchange rate. Amplats trades in dollars, if they leave their money in foreign currency they tend to gain in Rand monetary terms due to the continues devaluation of the Rand towards American and EU currency's. The Reserve bank statutes allows companies to maintain their foreign currency for up to a period of six months before it must be exchange towards Rand's. On average the Rand depreciates approximately 15 % per year towards other major international currency's. In times of international regional conflict or changes in Southern African political climate the devaluation could be characteristically more. In times of turmoil the profits of platinum and PGMs mines increases. Crued oil influences the platinum and other PGMs in the following manner: when the demand for crude oil price rises in times of political conflict in the middle east ...

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