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Johannesburg Court Revives Rand‑Rigging Case Against Banks
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Johannesburg Court Revives Rand‑Rigging Case Against Banks
South Africa's long-running "rand-rigging" saga is back in play. On Tuesday, the Constitutional Court revived the Competition Commission's case, clearing the way for a full hearing on allegations that traders at several major banks colluded to manipulate the U.S. dollar-rand market. The move keeps one of the country's biggest market-manipulation matters alive and sends key issues back to the Competition Tribunal for a full test on the merits. Th…
·United States
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