Sponsored Content
Ukraine: Current Account Deficit Grows Significantly
Balance of payments deficit almost doubled in October – to USD 2.0 bn - amid sharp reversal in the capital flows and widening C/A deficit, Raiffeisen Research says.
Ukraine: Current Account Deficit Grows Significantly / Picture: © Vindobona.org
Current account deficit increased to USD 1619m from USD 1502m in September, albeit was flat in yoy terms. Merchandise export (8.1% yoy increase in October) is still supported by the robust agricultural and machinery exports (82.0% and 25.1% yoy growth respectively). The statistical base effect apparently plays the major role in impressive growth figures of agricultural…
or Log In
Fast News Search