Another bank reached a settlement with the Competition Commission for colluding in currency trades to manipulate the value of the rand-dollar exchange rate. Standard Chartered joined Citibank in a settlement with the local competition authorities. Yesterday, the Commission reached a settlement agreement with the UK-based, Standard Chartered to pay an administrative penalty of R42.7 million.  Standard Chartered is the second bank to reach a settlement agreement with the commission. Last year the US based Citibank paid a R69 million fine. Elvis Presslin spoke to SABC Economics Editor, Tshepo Mongoai to explain in layman's term what currency manipulation is and what it entails for the affected countries