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S.Africa August credit growth slows to 7.93 pct y/y

September 28, 2012 Comments Off on S.Africa August credit growth slows to 7.93 pct y/y

September 28, 2012, 8:12 am

JOHANNESBURG (Reuters) – Growth in credit demand by South Africa’s private sector slowed to 7.93 percent year-on-year in August compared with an 8.34 percent rise in July, central bank data showed on Friday.
Growth in the broadly defined M3 measure of money supply…

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