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flag South Africa's Constitutional Court to decide if charges against banks for exchange rate manipulation can be reinstated.

flag The Constitutional Court in South Africa is set to hear a case where the Competition Commission seeks to reinstate charges against 28 banks, including international institutions, accused of manipulating the rand exchange rate between 2007 and 2013. flag The case has seen multiple rulings since 2015, with a recent appeal court dismissing charges against most banks due to lack of evidence and jurisdiction issues. flag The banks deny any wrongdoing, while the commission argues it should be allowed to pursue the case, claiming the actions impacted the South African economy.

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