Good news on current-account deficit boosts bonds

13 September 2016 - 16:39

By Madeleine Van Niekerk

Bonds were firmer at midday on Tuesday after the Reserve Bank signalled that the current-account deficit had narrowed more than expected in the second quarter. SA’s current account deficit narrowed sharply to R134bn‚ or 3.1% of GDP‚ in the second quarter‚ from a slightly upwardly revised R221bn or 5.

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Please visit SundayTimes.co.za in your desktop to view our latest subscription options.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.