Market Wrap - Stock Pick — long rand and short dollar

Viv Govender from Rand Swiss Offshore chose to go long Rand and short Dollar as his stock option for this week.

"Long the rand short the dollar, I think we've gone way beyond it, the last price I checked it was about R14,74 to the dollar, and I think that's just beyond to where the market really should be and off course the cabinet selection will have an affect on the dollar/rand exchange."