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Tag Archives: C/A turns negative in December after five-month surplus

C/A turns negative in December after five-month surplus


January 21, 2021

KARACHI: After staying in surplus for five consecutive months, the country’s current account posted a deficit of $662 million in December, data released by the State Bank of Pakistan showed on Wednesday. The current account was in surplus of $513m in November. On a year-on-year basis, the monthly deficit swelled by more than 130 per cent, data showed. The deterioration …

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