Rand falls as South African finance minister summoned by police | Business| Economy and finance news from a German perspective | DW | 24.08.2016
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Business

Rand falls as South African finance minister summoned by police

Africa's most developed economy is in trouble. South Africa is on the brink of a recession, credit rating agencies are considering downgrading it to junk status by year-end. And drama at the top is only making investors more worried. The country's finance minister Pravin Gordhan may end up a political casualty.

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