# Stocks, bond, rand weaken as current account deficit grows - Moneyweb

> The rand fell more than 1% after South Africa's current account deficit widened to 3.5% of GDP in the third quarter, with bonds and stocks also declining. The rand traded at 14.08 per dollar.

- Date: 2018-12-06 · published 2018-12-06T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/61835-stocks-bond-rand-weaken-as-current-account-deficit-grows-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A widening current account deficit increases the rand's vulnerability to capital outflows, raising the local cost of imported feed commodities.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/stocks-bond-rand-weaken-as-current-account-deficit-grows/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.