BR Research

Current accounts far away from glory

Published December 20, 2011 Updated December 20, 2011 12:00am

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Key items, balance of payments - Nov FY12
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                                                        Jul-Nov
(mn $)                   Nov FY12   Oct FY12      FY12       FY11
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Current account balance     (478)      (287)    (2,104)     (589)
Exports                    1,926      2,007     10,075      9,037
Imports                    2,995      3,204     16,499     13,691
Workers remittances         925      1,018      5,240      4,428
Financial account            234       (603)       169        563
Direct investments            84         60        408        577
Portfolio investments          2        (55)       (98)       178
SBP gross reserves        14,583     15,095     14,583     14,125
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Source: SBP