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Monday, 30 September 2019

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Lower crude narrows CAD to 2% in Q1

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Lower crude prices and higher invisible receipts have helped the country narrow the current account deficit (CAD) to 2 per cent of GDP or at $14.3 billion in the first quarter, down 30 basis points (bps) from year-ago, the Reserve Bank said on Monday.

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1 comment:

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