Markets
South Africa readies backup plan for benchmark rate law delay
The South African rand overnight index average — known as Zaronia — is scheduled to replace the Johannesburg interbank average rate at the end of this year.
MoneywebBy Bonolo Mokonoto, Bloomberg
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Africa Business Review aggregates and summarises reporting from trusted publishers. The full article is published by Moneyweb.
Read at Moneyweb →Original headline: “South Africa readies backup plan for benchmark rate law delay”
- Economy
- Financial Sector Conduct Authority
- LEGISLATION
- SOUTH AFRICAN RESERVE BANK
- Zaronia