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Q2 current account deficit widens to $8.2bn; 1.6% of GDP

The country's current account deficit (CAD), or the difference in the value of goods and services exported and imported, widened from USD 6.2 billion in the first quarter (1.2 percent of gross domestic product) of the fiscal year to USD 8.2 billion (1.6 percent of GDP) in the second.

first published: Dec 22, 2015 05:25 pm

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