# The South African Reserve Bank says the country’s financial system remains resilient overall, despite tighter financial conditions and monetary policy stemming from the Middle East war. The Reserve Bank’s latest half-yearly financial stability review says the country’s susceptibility to volatile capital flows has gone up, as non-resident investors sell domestic assets in search of safe havens. SARB governor Lesetja Kganyago says the oil price shock is expected to continue to exert inflationary pressure:
SARB says South Africa’s financial system is holding steady, despite global shocks [SOUND]
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