Home > Business > Current account for first half in surplus

  • Print
  • Email

Current account for first half in surplus

The current account surplus swelled to US$6.2 billion in the first half of the year, due mainly to trade surplus of US$5.1 billion adding more pressure on the baht's appreciation amid concerns on risk aversion from the capital movement.



The amount of capital inflows, however, have not yet flooded into the country as experienced in the beginning of July. Balance of payment marked a surplus of only US$5.7 billion in the first six months of the year, according to the Bank of Thailand (BOT)'s monthly economic report.

In June alone, the current account surplus was US$1.2 billon, due to US$1.1 billion of trade surplus and US$0.1 billion of services and transfer accounts.

- The Nation


OTHER BUSINESS



Advertisement



Search Search

Privacy Policy (c) 2007 www.nationmultimedia.com Thailand
1854 Bangna-Trat Road, Bangna, Bangkok 10260 Thailand.
Tel 66-2-325-5555, 66-2-317-0420 and 66-2-316-5900 Fax 66-2-751-4446
Contact us: Nation Internet
File attachment not accepted!