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FINANCIAL NEWS
Egypt’s current account deficit narrows in June
06 Sep 2010
(MENAFN) Egypt’s current account deficit narrowed to $4.3 billion in the year to end-June from $4.42 billion year earlier, according to the central bank.
The direct investment into Egypt slid to $6.76 billion from $8.11 billion a year earlier. The balance of payments registered a surplus of $3.36 billion versus a deficit of $3.38 billion a year earlier.
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