Egypt’s current account deficit narrows

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Egypt’s current account deficit narrowed to $4.3 billion in the year to end-June from $4.42 billion year earlier, the central bank said on Monday.

Direct investment into Egypt slid to $6.76 billion from $8.11 billion a year earlier. The balance of payments registered a surplus of $3.36 billion versus a deficit of $3.38 billion a year earlier.


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By Reuters
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