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1554131783636798500
Mon, 2019-04-01 14:51
CAIRO: Egypt’s current account deficit widened to $2.1 billion in the last three months of 2018 from a deficit of $1.78 billion in the same period a year previously, according to Reuters calculations based on central bank data released on Monday.
Tourism improved in Egypt. Travel revenues rose to $2.86 billion in the quarter from $2.28 billion in the same quarter last year, Reuters calculations showed.
Foreign portfolio investments recorded an outflow of $2.65 billion in the quarter versus an inflow of $540.7 million in the same quarter the year prior.
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