Capital Inflows cover trade deficit

The Balance of payments recorded a surplus of $4.8 billion until September 30,09

Capital inflows exceeded the trade deficit during the first nine months of 2009. They reached $14.4 billion, a record high, and 26 percent higher than the equivalent period of last year.

 

Non-resident deposits of $3.8 billion, foreign direct investments, and cash transfers by visiting tourists accounted for the increase.