News » March, 2011 » 14 March 2011
Romania's Current Account Gap Narrows To EUR15M In January
14.03.2011, 14:43 | Finance-Banks | 826 views
Romania's current account deficit narrowed 86.5% to EUR15 million in January, from a gap of EUR111 million in the year-earlier month, as the trade balance turned to surplus, central bank data showed Monday. The trade balance posted a surplus of EUR91 million, from a deficit of EUR258 million in January 2010. Foreign direct investments, which stood at EUR240 million, entirely covered the country's current account deficit in January. A year earlier, Romanian FDI stood was EUR31 million. Read more on Mediafax.ro
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