Banking & Economics
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South Africa Posts Widest Current Account Deficit in Seven Years
South Africa’s current account slumped to a deficit in the second quarter as the nation’s trade surplus narrowed sharply and the value of imports increased more than that of exports amid fallout from the Iran war.
Banking & Economics
Key Highlights
- South Africa’s current account slumped to a deficit in the second quarter as the nation’s trade surplus narrowed sharply and the value of imports increased more than that of exports amid fallout from the Iran war.
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Reported by Ntando Thukwana · Syndicated via official news feed
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