Balance of payments surplus for the first time since 2011. Financial inflows surge 37 percent

The net surplus in the balance of payments for the first eight months of 2016 was $366 million. This was the result of a 37 percent jump in financial inflows that have offset a ten percent widening in trade deficit. Financial inflows surged to $11.2 billion in the first eight months of 2016 from $8.2 billion in the same period last year.

The balance of payments recorded a substantial surplus of $1.8 billion in August resulting from the financial engineering operation of the Central Bank ...

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