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South Africa’s trade surplus grows to $1.96 billion in February

PUBLISHED: Wed, 31 Mar 2021 12:14:18 GMT

JOHANNESBURG, March 31 (Reuters) – South Africa’s trade surplus widened to 28.96 billion rand ($1.96 billion) in February from a revised surplus of 12.42 billion rand in January, data from the revenue service showed on Wednesday.

Exports increased by 16.5% on a month-on-month basis to 128.25 billion rand, while imports rose 1.6% to 99.29 billion rand, the South African Revenue Service said.

($1 = 14.7883 rand) (Reporting by Mfuneko Toyana; Editing by Catherine Evans)

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