Pretoria Online

3 South African watchdog comments on central bank rattle rand

PRETORIA/JOHANNESBURG, June 19 (Reuters) – South Africa’s rand fell more than 1.5 percent on Monday after the Public Protector, an anti-graft agency, recommended constitutional changes to make the central bank promote economic growth rather than currency and price stability.

* Rand falls more than 1.5 pct against dollar

* Bonds weaken on proposed central bank changes

* Watchdog says central bank failed over Absa case

* Future of SARB autonomy in question – analysts (Adds central bank governor comments)

Read further at Reuters Africa Dinky Mkhize and Olivia Kumwenda-Mtambo

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