BR Research

Current account: a breather or façade?

Published November 22, 2011 Updated November 22, 2011 12:00am

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Key items, balance of payments - Oct FY12
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                                             Jul-Oct
(million $)              Oct FY12  Sep FY12     FY12     FY11
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Current account balance      -220     -1034    -1555     -541
Exports                      1986      1884     8119     7106
Imports                      3133      3470    13400    10879
Workers remittances         1018       890     4315     3501
Financial account            -655       153     -117      689
Direct investments             58       170      340      471
Portfolio investments         -55         1     -101      102
Other investments            -532       -33     -205     -343
SBP gross reserves          15095     15614    15095    14354
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Source: SBP