South Africa's central bank will work with Barclays to manage capital flows arising from the partial sale of its 62 percent stake in local lender Barclays Africa Group.
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Central bank to manage capital flows from Barclays deal
"The Reserve Bank will work with Barclays Plc and Barclays Africa to ensure that any potential risks from the transaction are mitigated," a joint statement said.
The Treasury and Reserve Bank said this on Wednesday in a statement made available to Reuters.
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