# The Forum for South Africa says it is deeply perturbed by the slow pace in investigating allegations of Rand–US Dollar exchange rate manipulation by several major local and international banks. Forum leader, Tebogo Mashilompane says traders colluded to fix prices, coordinate bids, and distort the value of the South African Rand, acts which have directly undermined the integrity of our financial system and hurt the livelihoods of ordinary South Africans:
FOSA calls for accountability in rand–dollar manipulation case [SOUND]
ENG TebogoonManipulation