Economics

South African Portfolio Inflows Jump on Record Eurobond Sale

  • Portfolio inflows rose to 40.2 billion rand in third quarter
  • Quarterly foreign direct investment inflows at 17 billion rand

The South African Reserve Bank, right, stands on the skyline in Pretoria.

Photographer: Waldo Swiegers/Bloomberg
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South African portfolio investment inflows rose to the highest level in more than a year in the third quarter after the country’s biggest Eurobond sale yet.