S. African Companies Will Avoid Turkey-Type Crisis: Moody's

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Deep and liquid local debt capital markets have reduced the need for South African companies to borrow abroad, making them less vulnerable to a financial crisis than peers in Turkey and other emerging markets, according to Moody's Investors Service.

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Deep and liquid local debt capital markets have reduced the need for South African companies to borrow abroad, making them less vulnerable to a financial crisis than peers in Turkey and other emerging markets, according to Moody's Investors Service. https://ift.tt/eA8V8J

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