South Africa Posts Widest Trade Surplus since 2018

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goldsilverratio

South Africa recorded a trade surplus beating market expectations as exports grew 8.6 percent.
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Trade surplus was boosted by shipments of vehicles & transport equipment (93%); machinery & electronics (29%) and chemicals (15%).
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Sales rose mostly to Europe (28.3%) and Africa (16%)
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One EUR buys 20.25 ZAR
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EURZAR last seen trading at 20.25 (13:47 CAT )
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