Balance of Payments for first 10 months of 2015

Daily Finance
Amarsaikhan.B
en_amarsaikhan@montsame.mn
2015-12-03 17:58:36

Ulaanbaatar /MONTSAME/ Current account deficit stands at USD 396.6 million, representing a decrease of 73 percent or USD 1,086.5 against the same period of last year. The main causes to this were an increase in surplus of trade in goods by USD 553.8 million while deficit on trade in services declined by 47 percent or USD 632.1 million.

Capital and financial accounts show surplus of USD 408.0 million, indicating a decrease of 35 percent or USD 195.1 million over the previous year as a result of decline in foreign direct investment. Nevertheless, other investment deficit has dropped by USD 113.3 million from a year prior.

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