◆ The current account surplus in the balance of payments fell by 46.7% qoq to RM16.2bn in the 2Q, from a surplus of RM30.4bn in the 1Q. This was on account of a drop in merchandise trade surplus in the 2Q, while the services account’s deficit widened during the quarter. These were, however, mitigated by a smaller deficit in the income
account. Deficit in the current transfer, on the other hand, held stable during the quarter.
Economic Highlights - A Smaller Current Account Surplus In the 2Q - 03/09/2010
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