WATCH: Stock Pick — The rand

Viv Govender from Rand Swiss Offshore chose to close the long on the rand as his stock option for this week

“We saw a huge amount of interest coming in from our clients and if so many of our clients think that R14 to the dollar is a good time to get the money out of the country, many other people will also feel the same. I’m not saying go short on, but I think it’s a good thing to close the long on the rand at the moment.”

Source: businesslive.co.za