February Balance of Payments Deficit at $436 Million

The country’s balance of payments registered a $436-million deficit last month, wider than the $9-million gap seen in January and the $251-million shortfall posted in February 2016. The figure brought the two-month deficit to $445-million. This was attributed to heightened market uncertainty due to possible US rate hikes and President Donald Trump’s policies, as well as possible increased in the trade gap and portfolio outflows…

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