Romania's 10-mth current account deficit balloons
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PRAGUE- Czech current account deficit increased to Kc53.8bn in Q3 from Kc36.9bn in H1, according to preliminary data released by the Czech National Bank (CNB). Capital inflow on the financial account equalled ...
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The U.S. current account deficit   widened more than expected in the second quarter to $218.4   billion, as surging oil prices pushed goods imports higher, the   U.S. Commerce Department said on Monday.
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Current account deficit hits record high as credit crunch knocks tax receipts from the City
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The U.S. current account deficit shrank more than expected in the fourth quarter of 2006 to $195.8 billion, as lower oil prices took a bite out of imports and U.S. exports continued to rise, a Commerce Department report showed on Wednesday.
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The deficit in the current account represents the amount the U.S. must borrow from foreigners to cover the shortfall between exports and imports.
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The Romanian government expects gross domestic product to grow by 5.1 to 5.2 percent year-on-year in 2005, the Adevarul newspaper reported Wednesday.
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The dollar slipped against the euro  and the yen early in New York on Tuesday immediately after the  release of data showing the U.S. current account deficit  ballooned to a new record of $166.18 billion in the second  quarter.
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The dollar was mostly lower on  Tuesday, weighed down by a report showing the U.S. current  account deficit ballooned to a new record in the second  quarter.
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The euro yesterday reached a new record high against the dollar, renewing fears that the faltering economic recovery in mainland Europe will be choked off next year.
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Romania's inflation rose to 1.2% in October against 0.9% advance in September, amid non-food and services price rises.
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The emigration during the past few years of over two million Romanians hoping to find a well-paid job in the West is now forcing Romanian companies to look to neighbouring countries, and even as far as China, to counter a labour deficit at home.
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The dollar held near a two-month high  against the euro on Wednesday, supported by data that showed  capital flows into the United States in November were more than  enough to fund its huge trade deficit.
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The dollar slipped against the euro   on Tuesday, after a report showing the U.S. current account  deficit widened to a record in the second quarter.
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The euro rocketed up to a new record high against the dollar as markets grew increasingly worried about the ballooning trade and budget deficits in the United States.
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The huge U.S. current account  deficit widened in the third quarter to a record $225.6  billion, as gushing oil prices and strong demand for Chinese  and other foreign goods pushed imports higher, a U.S. Commerce  Department report showed on Monday.
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The U.S. current account deficit  widened slightly to a record $164.71 billion in the third  quarter as the goods trade shortfall grew and the services  surplus shrank, the government said on Thursday.