The rand strengthened today after Finance Minister, Pravin Gordhan, said he was staying put! There had been fears that Gordhan would think of resigning after he was charged with fraud, but he told a conference this morning that he was continuing his work.
At one stage the rand jumped by one per cent against the dollar.
But those gains have been trimmed after Gordhan's lawyers said he would not be asking for the charges against him to be reviewed.
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