‘The effects of politics on the markets: Iraj Abedian’

The Rand has turned positive for the first time since Finance Minister, Pravin Gordhan, was recalled to South Africa by the President Jacob Zuma during an investor roadshow abroad.

The currency has been heavily hit by the expectations that Gordhan could be sacked after he was called home on Monday. But new reports which may be spurring on the Rand suggest his job could be saved.

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