The Rand rallied by almost 2% in Monday trading after the National Prosecuting Authority announced it would be dropping fraud charges against the Finance Minister, Pravin Gordhan. Even with October 31st's gains, it is not a full recovery; compared to October 11, when the currency fell by 3% after the NPA announced those charges. As Sumitra Nydoo reports these political shenanigans are costing the South African economy, not just in cash, but also in reputation.
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