Moody's: South Africa outlook positive, was stable

(Reuters) - Moody's Investors Service revised on Tuesday the outlook on South Africa's foreign-currency debt ratings to positive from stable to reflect an improvement in the country's external credit indicators, despite widening current account deficits.

"South Africa's external debt metrics are now generally stronger than those of its rating peers in the 'Baa' rating range," said Moody's analyst Kristin Lindow.


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