South Africa: 17 Banks Accused of Currency Rate Fixing

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South Africa’s competition watchdog has accused 17 international and local banks of colluding to fix the price of the country’s currency, the rand, over the past decade. The Competition Commission said in a statement Wednesday that workers at more than a dozen global banks, including Barclays, HSBC, JPMorgan Chase, were involved. Workers used instant messaging to…

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ACTUALITÉ AFRICAINE À TOUTE HEURE

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