Financial rand had a previous life, from January 1979 to February 1983. The 1985 crisis coincided with a default (then called a "standstill") on foreign debt by the apartheid government. Financial rand The South African financial rand was the most visible part of a system of capital controls. Although the financial rand was abolished in March 1995, some capital controls remain in place. These capital controls are locally referred to as "exchange controls", although the system has since 1995 moved towards surveillance — recording and reporting to the authorities of foreign currency transactions — rather than control. Capital controls have been in
Ivan Rand that he will count that day as not having been without its fitting deed. I.C. Rand Supreme Court of Canada, Ottawa, Canada" He has been described as 'probably the greatest judge in Canada's history' and 'perhaps the greatest exponent of the rule of law in the history of the Supreme Court of Canada'. Biographer William Kaplan describes Rand as "an intolerant bigot" who disliked French Canadians, Catholics, Jews and Canadians who weren't of British stock. When his sister married an Acadian, Rand refused to talk to her for 30 years. Nevertheless, as a judge, Rand was a civil libertarian who