Wednesday, April 25, 2007

Carry trade unwinding risk to markets - S.Africa c.bank

(Reuters) - The possible unwinding of yen carry trades could be a risk for South Africa's markets but the financial system was in a better position to handle such shocks than previously, the central bank said on Wednesday.

The Reserve Bank also said in its quarterly Financial Stability Review that while domestic debt levels were high there was no "fragility" in the household sector's balance sheets.


Read more at Reuters Africa

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