Ukraine Jan-Feb c/a deficit contracts to $889 mln – cbank
KYIV, March 25 |
KYIV, March 25 (Reuters) – Ukraine recorded a current
account deficit of $889 million in the first two months of 2013
versus $1.4 billion in the same period in 2012, the central bank
said on Monday.
The decrease was mainly due to a smaller deficit in foreign
trade. Data provided by the bank showed that Ukrainian exports
of goods rose by 2 percent while imports shrank by 5.5 percent.
(Reporting by Natalia Zinets, writing by Pavel Polityuk/Richard
Balmforth)