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New data Balance of Trade (Sep)

10/31/2024

actual 12.84, previous 5.63

The event is the Balance of Trade report for South Africa, specifically for the month of September. The actual balance of trade for this period is 12.84 billion ZAR. This represents an increase of 7.21 billion ZAR from the previous period. The impact of this event is considered medium. The balance of trade is an important economic indicator that measures the difference between a country's exports and imports. A positive balance of trade indicates that a country is exporting more than it is importing, which can be beneficial for its economy. In this case, South Africa has seen a significant increase in its trade surplus compared to the previous period, which could have positive implications for its economy.

This is not investment advice. Remember to verify the information provided here.

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