Southern African reserve bank warned about risks of introduction of sanctions against the country because of communications with Russian Federation

Today, on May 29, Southern African reserve bank issued the report devoted to stability of a financial system of the country and risks for this stability. Among such risks authors of the report called possibility of introduction against South Africa sanctions. About possibility of sanctions started talking after several weeks ago the ambassador of United States of America accused South Africa of arms supplies and ammunition Russian Federation, despite statements of the country for a neutrality in the conflict in Ukraine. According to analysts of SARB, introduction against South Africa secondary or indirect sanctions can lead to outflow of the capital and sharp reduction of its inflow. In case of shutdown...