SHORT­FALL NAR­ROWS

Finweek English Edition - - ECONOMICTRENDS -

The short­fall on the ser­vices, in­come and cur­rent trans­fer ac­count of the bal­ance of pay­ments (trade in “in­vis­i­bles”) nar­rowed by about R10bn to R103bn in fourth quar­ter 2010 (sea­son­ally ad­justed and an­nu­alised). The bal­ance was more or less equal to the av­er­age quar­terly deficit for the year 2010 as a whole.

Ser­vices, in­come and cur­rent trans­fer ac­count

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