The rand manipulation refers to the unethical or illegal practices employed by financial institutions or individuals to influence the value of the South African rand. The alleged collusion involved 28 local and foreign banks manipulating the rand-dollar exchange rate between 2007 and 2013. In our Financial Matters this evening we continue this discussion in order to get a better understanding of how the process works and as always we’re joined by Dr Frank Magwegwe, Head of Financial Wellness and Advisory at Nedbank.