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Africa cross-border payments hit local currency liquidity bottleneck
Daily MaverickLO·ZA·1 day ago
Bank of Mauritius Governor Priscilla Muthoora Thakoor addressed an FSB regional workshop on cross-border payments, framing them as essential for Africa's resilience and economic transformation. The speech signals central bank focus on payment system modernization and regional financial integration, though no specific policy changes were announced. This matters as it highlights a growing policy priority that could influence future regulatory and infrastructure developments in African financial markets.
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