KONTAN.CO.ID - JAKARTA. Indonesia's current account narrowed in the first quarter as its merchandise exports declined amid falling global commodity prices, data from the central bank showed on Tuesday. The first-quarter current account deficit shrank to $3 billion or 0.9% of gross domestic product, from 1.3% in the previous quarter, The current account records the flow of goods and services into and out of a country and is part of the balance of payments.
Indonesia's Q1 Current Account Surplus Narrows to $3 Billion as Exports Slow
KONTAN.CO.ID - JAKARTA. Indonesia's current account narrowed in the first quarter as its merchandise exports declined amid falling global commodity prices, data from the central bank showed on Tuesday. The first-quarter current account deficit shrank to $3 billion or 0.9% of gross domestic product, from 1.3% in the previous quarter, The current account records the flow of goods and services into and out of a country and is part of the balance of payments.