BR Research

No silver lining for the balance of payments

Published March 21, 2012 Updated March 21, 2012 12:00am

3 min

By BR Research

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Key items, balance of payments - Jan FY12
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                                                       Jul-Feb
(million $)              Feb FY12   Jan FY12     FY12     FY11
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Current account balance      -260       -364   -2,952     -194
Exports                     2,152      1,974   16,251   15,408
Imports                     3,562      3,314   26,766   22,757
Workers remittances        1,157      1,111    8,593    6,963
Financial account            -214         15      109    1,520
Direct investments            -24         63      571    1,046
Portfolio investments          15         -3     -131      242
SBP reserves               12,209     12,896   12,209   14,731
==============================================================

Source: SBP

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