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More banana peels waiting for the rand - expert

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(iStock)
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Cape Town - Any expectations of a respite for the rand after last week's beating were given a final nail in the coffin when President Jacob Zuma stated that the turmoil regarding Nenegate was not all that serious, and that markets did not understand what he was trying to do.

This is according to Wichard Cilliers, director and chief dealer at treasury services company TreasuryOne.

READ: People overreacted to Nene's sacking, says Zuma

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