In the third quarter alone, the deficit stood at $210.3 million, up from $116.91 million in the same quarter last year, BNM said in a statement.
Details follow (in millions of U.S. dollars):
BALANCE OF PAYMENTS | Jan-Sept'08 | Q3'08 | Jan-Sept'07 | Q3'07 |
CURRENT ACCOUNT | -776.18 | -210.30 | - 460.62 | -116.91 |
- trade | -2,412.47 | -848.85 | -1,572.62 | -587.42 |
- services | 20.02 | 8.46 | 25.34 | 2.20 |
- income | 472.91 | 185.17 | 287.55 | 137.51 |
- current transfers | 1,143.36 | 444.92 | 799.11 | 330.80 |
FINANCIAL ACCOUNT | 573.74 | 121.63 | 361.16 | 70.71 |
- direct investments | 520.78 | 215.13 | 291.55 | 114.93 |
- portfolio investments | 11.30 | 11.43 | -1.97 | 0.33 |
- other investments | 576.73 | 254.67 | 322.83 | 109.24 |
- reserve assets | -522.53 | -355.53 | -245.72 | -151.07 |
NET ERRORS AND OMISSIONS | 202.44 | 88.67 | 99.46 | 46.20 |
($=0.6996 euro)