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Pakistan’s current account deficit for July-October narrowed

ruppeKARACHI: The current account deficit of Pakistan for July-October narrowed to a provisional 533 million dollars, compared with 1.177 billion dollars  in the same period last year,said by the central bank on Tuesday.

In October, the current account stood at a provisional surplus of $35 million, compared with a surplus of $424 million in September, the State Bank of Pakistan said.

The current account deficit for the fiscal year 2009/10 was $3.495 billion, compared with $9.261 billion in fiscal year 2008/09.

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