Current Account Deficit Hits $359 Million in October – Last Minute Economy News

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Important news!

The Central Bank announced current account balance sheet realizations for October.

As a result, the current account deficit was $359 million in October. Economists surveyed by AA Finans expected a current account deficit of $1 billion-869 million in October.

Excluding gold and energy, the current account has a surplus of $8.6 billion.

10 MONTHS OPEN 38 BILLION DOLLARS

In the January-October period, the current account deficit was $38.2 billion. In the 10-month period, the current account surplus excluding gold and energy was $43 billion.

Net direct investment inflows were $743 million in October.

While the foreign trade deficit kakım defined in the balance of payments was USD 6 billion 463 million in October, inflows from the balance of services amounted to USD 6 billion 702 million. Under this item, net travel income was $5 billion $184 million.

In contrast, the current account deficit for September was revised from $2 billion 966 million to $2 billion 883 million.