“Interconnectedness between the financial sector and the sovereign has emerged as a major threat to financial stability in South Africa.”

“Interconnectedness between the financial sector and the sovereign has emerged as a major threat to financial stability in South Africa.” Warned South Africa’s central bank, back in Nov. Local currency sov debt ends up on financial sector balance sheets. bloomberg.com/news/articles/… https://t.co/3q3DeL8msE

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