SA antitrust watchdog probes banks for rand price fixing

19 May 2015 - 16:36
By REUTERS, Times LIVE

South Africa's competition watchdog is investigating several global banks for fixing the price of local currency in their trading, it said on Tuesday. The banks being investigated are BNP Paribas, Citigroup, Barlcays, JP Morgan, Investec and Standard Chartered, the Competition Commission said in a statement.

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