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Macedonia Turns to 27.79 Mln Euro C/A Surplus in July - Table

Oct 7, 2009, 5:50:20 PMArticle by Valentina Dimitrievska
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SKOPJE (Macedonia), October 7 (SeeNews) – Macedonia’s July current account balance showed a preliminary surplus of 27.79 million euro ($40.9 million) compared to a revised deficit of 34.29 million euro a year earlier, central bank data indicated on Wednesday.

Macedonia Turns to 27.79 Mln Euro C/A Surplus in July - Table

Macedonia’s preliminary current account deficit halved to 106.08 million euro in the second quarter of 2009 from a revised gap of 210.14 million euro a year earlier, the central bank said earlier.

Details follow (in millions of euro):

Macedonia's current account July'09 July'08
Total balance +27.79 -34.29
Goods -117.61 -164.41
Services +9.00 +4.37
Income -5.67 +5.86
Current transfers +142.07 +119.89
Capital and financial account -37.58 +38.09
Direct investments (net) -31.31 +21.65
Portfolio investments (net) +161.31 +3.12
Other investments (net) +18.55 +27.17
Gross reserve assets -190.31 -14.01

NOTE: Macedonia's central bank publishes monthly, quarterly and annual figures for the country's balance of payments. Data can be revised until it is included in the annual report.

($ = 0.6795 euro)

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