Slovak Jan-Sept C/A gap narrows y/y to SKK 51.3 bln

27.11.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

Slovakia's current account showed a preliminary deficit of 51.3 billion crowns ($2.27 billion) in January-September, compared with an 89.5...

...billion crown gap in the same period of 2006, the central bank said on Tuesday.

The central bank revised the current account gap for January-August 2007 to 56.0 billion crowns from an originally reported 64.0 billion crown deficit.

Analysts expect Slovakia's balance of payments to improve significantly this year due to rising production at new car factories built by Kia Motors and PSA Peugeot Citroen . Most of the cars are exported.

(Reporting by Martin Santa; editing by Alan Crosby )

($1=22.58 Slovak Crown)

Keywords: SLOVAKIA CBANK/BALANCE

[Reuters/Finance.cz]

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