Tag: Pravin Gordhan

Pravin Gordhan

What is(n’t) Going on in the Rand?

Dealers are talking about an interesting, and for the foreign exchange market, unusual, reaction to the latest political upheaval in South Africa. News that finance minister Pravin Gordhan had been summoned to be interviewed by police saw a sharp move higher in USD/ZAR yesterday that had the pair peaking out after an 85 big figure […]