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View Full Version : South African Trade Gap Surges to Record; Rand Slumps - Bloomberg



NewsWhore
02-27-2009, 08:21 AM
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South African Trade Gap Surges to Record; Rand Slumps (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Daf4ionyvzGhw%26refer%3Dafrica&cid=0&ei=bOmnSZqnKMKgmAeC2aDkAw&usg=AFQjCNGqmSt3g0gxlbhEpD-pAB8NqOj-Ww)
Bloomberg
The currency was trading at 10.032 as of 2:31 pm in Johannesburg. South Africa has recorded a trade deficit every month since January 2007. The country relies on foreign investment in stocks and bonds to fund its imports, inflows that have dried up ...


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