21 Jun 2018
SARB QB: Current account deficit pushed to highest level in 2 years
By Janice Roberts
The SA Reserve Bank released its Quarterly Bulletin today, showing that weak exports push the current account deficit to the highest level in two years. According to Nedbank economists Dennis Dykes and Isaac Matshego: The current account deficit widened to 4,8% of GDP in the first quarter, the highest level since 5% in the first quarter...
