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Fitch Assesses South African Banks' Resilience to US-Iran Conflict Spillovers

Fitch reported that Stanbic, Absa, and FNB are well-positioned to weather spillovers from the US-Iran conflict, which contributed to South Africa's inflation rising to 5.0% and the central bank raising the repo rate.

13 Aug, 06:44 — 13 Aug, 06:44
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