Stay vigilant, SARB warns markets
Financial system authorities and participants must stay vigilant, and enhance efforts to improve resilience and contingency measures, states the latest Financial Stability Review from the South African Reserve Bank.
The review acknowledges that the domestic economy could be affected by the prolonged global financial turmoil as markets are highly integrated and contagion risks are clearly more of a reality now than before the US financial crisis. But the review stresses that the domestic
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