KM Financial Solutions | South Africa’s Treasury says Moody’s downgrade to add to market stress
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South Africa’s Treasury says Moody’s downgrade to add to market stress

South Africa’s Treasury says Moody’s downgrade to add to market stress

South Africa’s National
Treasury said on Friday that Moody’s sovereign downgrade to
“junk” status would add to prevailing financial market stress
but that it was difficult to say with certainty what the extent
of the impact would be.

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