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South African lawmakers question banks over currency manipulation and lack of diversity in leadership.
Members of the South African Parliament have questioned the South African Reserve Bank and major banks over alleged currency manipulation and slow progress in transforming the banking sector.
Lawmakers criticized the lack of black professionals in executive roles and issues with credit extension.
The regulators promised to respond to these concerns in writing or at a future meeting.
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Los legisladores sudafricanos cuestionan a los bancos sobre la manipulación monetaria y la falta de diversidad en el liderazgo.