Welcome to Applied Macroeconomic Centre

A theory is appropriate as long as it fits into the fact; when a theory doesn't fit in the fact, it's wise to walk with the fact.

Sunday, February 12, 2012

CAB turns into positive in Dec

Current Account Balance returns into positive territory after being negative in November, thanks to restrained imports (imports fell by 2.5% in December).

Here is the report on the BoP condition until December 2011.

No comments:

Post a Comment