"We are ... looking at the impact of the carry trade more carefully and the options we have to assist the currency have less volatility," Pravin Gordhan told a business presentation at Bloomberg.
"All exporting currencies want a competitive edge as far as exchange rates are concerned," he added.
The exchange-rate appreciation seen in emerging economies such as South Africa has been attributed to carry trades -- borrowing in currencies with the lowest interest rates to punt the proceeds on higher-yielding ones.
The rand is trading at one-month highs against the dollar, having risen 25% against the dollar over the last 12 months.
Source: Reuters
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