Egypt’s current account deficit narrows

Reuters
0 Min Read

Egypt’s current account deficit narrowed to $4.3 billion in the year to end-June from $4.42 billion year earlier, the central bank said on Monday.

Direct investment into Egypt slid to $6.76 billion from $8.11 billion a year earlier. The balance of payments registered a surplus of $3.36 billion versus a deficit of $3.38 billion a year earlier.

 

Share This Article
By Reuters
Follow:
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms.