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Bloomberg
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Bad news for the rand
South Africa’s current-account deficit was slimmer than expected in the third quarter after its trade surplus narrowed only slightly and the shortfall on the services, income and current transfer account was the smallest it’s been in a year.
South Africa’s current-account deficit was slimmer than expected in the third quarter after its trade surplus narrowed only slightly and the shortfall on the services, income and current transfer account was the smallest it’s been in a year.

