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المشهد العربي
Foreign Investment Boosts South African Bonds
The success of carry trade operations has attracted foreign investors to South Africa's bond market, recording the largest weekly inflows since January, totaling 23.1 billion rand ($1.43 billion). This was driven by the appeal of higher returns compared to the United States and reduced volatility risks, as the country's bonds have achieved a return of 2.5% since early August, the highest among 22 emerging market currencies, according to Bloomberg. These inflows coincided with rising bond yields during the month, amid increasing oil prices and geopolitical tensions that have impacted inflation.
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