By Trend The surplus of current account of the balance of payments of Azerbaijan amounted to $1.56 billion in January-March 2018 compared to $380.2 million in the same period of 2017, according to the balance of payments of the Central Bank (CBA). According to the balance of payments, the surplus of the current account of Azerbaijan’s oil and gas sector amounted to $2.84 billion in January-March 2018 ($1.5 billion in the same period of 2017). Meanwhile, the surplus of the current account on the oil and gas sector fully covers the deficit of the account on the non-oil sector ($1.28 billion) in January-March 2018 which is $945.6 million in the same period of 2017. The surplus of the financial account amounted to $308 million in January-March 2018 as compared to the deficit of $462.7 million in January-March 2017. Analysis of the balance of payments by sectors showed that as in previous years, during the reporting period, foreign economic operations in the oil and gas sector had a … [Read more...] about Surplus of Azerbaijan’s current account exceeds $1.5B
2 current accounts with same bank
BARCLAYS is offering double cash rewards for new customers who switch to using the bank's current account. New customers can earn at least £132 in the first year after opening the account - but is it worth switching? To get the rewards you need to switch your current account to Barclays using their current account switch service before June 29. If you are willing to buy a range of Barclays products you could earn an extra £348 a year. New customers who only switch to a Barclays current account can earn up to £132 in the first year of opening the account. But Barclays isn't the only bank to offer new customers bonuses for switching, so it is worth shopping around before you commit. More on moneyHUNTER vs FOOD Our Bargain Hunter puts cheeseburgers to the test with surprising results CHEESY CHIPS Aldi is going to sell HALLOUMI FRIES for £2 ON A ROLL Greggs is doing FREE breakfast this weekend - here's how to bag yours TAX BACK Are you due a council tax refund? Martin … [Read more...] about Barclays is DOUBLING Blue Rewards points on current accounts for a year but is it worth switching?
ANKARA Turkey’s current account deficit has widened by nearly $1.6 billion year-on-year, reaching nearly $4.15 billion in February, the Central Bank stated on April 11. The country’s 12-month rolling deficit stood at $53.3 billion in February, according to the Bank’s report on balance of payments. The increase in the current account deficit is mainly due to an increase of nearly $2 billion in the goods deficit that recorded a net inflow of $4.4 billion in the month, it said. Travel items, which constitute a major part of the services account, recorded a net inflow of $835 million in July, increasing by $266 million compared to the same month of 2016, the Bank added. Meanwhile, the country’s current-account deficit in the first two months of this year stood at $11.2 billion, up from $5.3 billion compared to January-February 2017. The gap was slightly higher than estimates, which were set at around $6.9 billion. According to the Bank’s report on balance of … [Read more...] about Turkey’s current account deficit widens in February
Says deficit is eating away foreign currency reserves, keeps its projection unchanged 0SHARES Share Tweet Email Pakistan’s economy has exhibited strong growth in Q1FY18 with a nine-year high expansion in large-scale manufacturing, according to the SBP. PHOTO: FILE KARACHI: Pakistan’s economy has exhibited strong growth in the first quarter of current fiscal year with a nine-year high expansion in large-scale manufacturing, increased tax revenue collection, recovery in exports and uptrend in foreign direct investment (FDI), according to the State Bank of Pakistan (SBP). In its first quarterly report on the state of economy, which was released on Friday, the SBP suggested that the economy was poised to attempt to achieve the ambitious 6% GDP growth target this year. However, it warned that the widening current account deficit had the potential to disrupt the growth trajectory with the emergence of new external challenges like … [Read more...] about SBP warns current account gap can disrupt growth cycles
Amounts to $1.13 billion compared with $1.44 billion in November 0SHARES Share Tweet Email Credit ratings agency says currency is still likely to come under pressure as current account deficit widens. PHOTO: BLOOMBERG KARACHI: Pakistan’s current account deficit shrank 21.5% month-on-month, amounting to $1.13 billion in December compared with $1.44 billion in November 2017, suggesting that the increase in exports and imposition of regulatory duty on imports have started to reflect in macroeconomic indicators. The contraction still means that the country’s current account deficit widened 59% in the cumulative six-month period (July-December) of the current fiscal year 2017-18 (FY18), amounting to $7.41 billion compared with $4.66 billion in the same period of the previous year, according to data released by the State Bank of Pakistan (SBP) on Friday. With the difference between exports and imports being the biggest determinant of … [Read more...] about Pakistan’s current account deficit shrinks 21.5% in December