FINAL REPORT OF THE COMMISSION OF INQUIRY INTO THE RAPID DEPRECIATION OF THE RAND AND RELATED MATTERS

Released: 1 August 2002

All in PDF Format

Executive Summary

  1. Part A:  The Investigation
  2. Part B: The Performance of the Rand
  3. Part C: The forex and rand markets, globally and locally
  4. Part D: Factors which might have contributed to the rapid depreciation of the rand [1] [2] [3]
  5. Part E: The Wakeford Allegations
  6. Part F: Forex dealing
  7. Part G: Ethics of forex dealers
  8. Part H: The impact of the depreciation of the rand on the South African banking industry
  9. Part I: Exchange Control
  10. Part J: The investigation by the KPMG team into transactions that gave rise  to the rapid depreciation of the rand during 2001
  11. Part K: The Deloitte & Touche Investigation into the activities of the financial market participants