South Africa Launches $500M Forex Funding Plan as Budget Crisis Resolves

South Africa Launches $500M Forex Funding Plan as Budget Crisis Resolves

Jul 26, 2025

✅ Treasury Aims for Innovative Foreign Currency Financing South Africa’s National Treasury is now looking to raise at least $500 million in foreign currency funding for the 2025/26 financial year, following the resolution of a long-standing budget standoff in Parliament. This call for

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