Rumour has it someone took a big currency position before the NPA charged Pravin

It would be hard to pull off.

Nilan Morar, Head of Trading at GT Private Broking

Did someone take a big position against the rand before the NPA announced its charges against Pravin Gordhan?

The Money Show’s Bruce Whitfield interviewed Nilan Morar, Head of Trading at GT Private Broking.

Scroll down for more quotes from the audio below.

It is possible that people privy to information has acted on it. Proving it will be a challenge.

Nilan Morar, Head of Trading at GT Private Broking

The quantum of the trade would have to be of epic proportions to move the currency in that way.

Nilan Morar, Head of Trading at GT Private Broking

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

Read More
6 techniques you can use to get funding to start (or grow) a business

6 techniques you can use to get funding to start (or grow) a business

Small business guru Pavlo Phitidis discusses the techniques, how they work and how to get them right.

Money market accounts (and Exchange Traded Funds) FAQs answered

Money market accounts (and Exchange Traded Funds) FAQs answered

Personal finance guru Warren Ingram explains what money market accounts are and the difference between various ETFs.

2016 - Good riddance to bad rubbish

2016 - Good riddance to bad rubbish

Bruce Whitfield interviews public speaking superstar Vusi Thembekwayo, who says “Dear 2016: we are glad you are over”.

5 reasons why you should care about the NPA’s charges against Pravin Gordhan

5 reasons why you should care about the NPA’s charges against Pravin Gordhan

The Money Show’s Bruce Whitfield interviews Financial Mail Deputy Editor Sikonathi Mantshantsha.

Here’s what’ll likely happen to your money if Pravin Gordhan is arrested

Here’s what’ll likely happen to your money if Pravin Gordhan is arrested

The Money Show’s Bruce Whitfield interviews Investment Solutions Chief Economist Lesiba Mothata.

The likelihood of JZ firing Pravin (and what’ll happen to YOUR money if he does)

The likelihood of JZ firing Pravin (and what’ll happen to YOUR money if he does)

Within minutes the rand plunged by 3%. R50 billion got wiped off the JSE’s banking index. Will he? And what'll happen if he does?