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South Africa's competition watchdog is seeking to fine 23 local and foreign banks that it alleges colluded in quoting rand and dollar prices to customers. The case is part of a wider global crackdown on rate rigging.
The case concerns banking conduct in currency markets and has little direct bearing on feed commodity supply, demand or prices.
reuters.comFeb 28, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
