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View Full Version : South Africa Current Account Gap Unexpectedly Narrows to 3.6% - Bloomberg



NewsWhore
03-19-2012, 04:50 AM
South Africa Current Account Gap Unexpectedly Narrows to 3.6% (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFeuekgNZkeedx2lvvQrdW2J9fsdg&url=http://www.bloomberg.com/news/2012-03-19/south-africa-current-account-gap-unexpectedly-narrows-to-3-6-.html)
Bloomberg
... outlook” caused commodity prices to come down in the final months of 2011, the rand value of a basket of South African-produced export commodities excluding gold increased by about 5 percent because of the currency's depreciation, the bank said.

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