Egypt records $410m balance of payment surplus

GMT 17:48 2014 Tuesday ,30 December

Arab Today, arab today Egypt records $410m balance of payment surplus

Central Bank of Egypt
Cairo - MENA

Egypt's Balance of Payments (BOP) registered an overall surplus of 410 million dollars during the period from July to September of the 2014/2015 fiscal year compared to a 3.7 million during the same period last year, according to an official statement issued by the Central Bank of Egypt (CBE).
The current account deficit reached 9.7 billion dollars, a 29.2 percent rise compared to last year.
The capital and financial account resulted in a net inflow of around 811.4 million dollars.

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