October 14 (SeeNews) - Bosnia's current account gap shrank to a preliminary 527.2 million marka ($401million/270 million euro) in the second quarter of this year from a revised 999.9 million marka a year earlier, central bank statistics indicated.
Bosnia's current account deficit rose by 62% in the second quarter from the previous one, revised figures posted on the central bank's website showed.
The Bosnian marka is pegged to the euro under a currency board system at a fixed exchange rate of 1.95583 marka per euro.
Details follow (in millions of Bosnian marka):
Bosnia current account |
Q2'09 |
Q1'09 |
Q2'08 |
Balance |
-527.2 |
-325.7 |
-999.9 |
Goods |
-1,810.6 |
-1,522.5 |
-2,481.9 |
Services |
298.3 |
252.4 |
387.3 |
Income |
135.2 |
173.8 |
158.7 |
Current transfers |
849.7 |
770.4 |
935.8 |
Capital and financial account |
646.1 |
390.9 |
1,053.1 |
-Capital account |
84.5 |
77.1 |
104.1 |
-Financial account |
561.5 |
313.7 |
949.0 |
Net errors and omissions |
-118.8 |
-65.1 |
-53.1 |