You're reading: Bne IntelliNews: Ukraine’s current account deficit shrinks to $0.7bn in October

Bne IntelliNews: Ukraine’s current account deficit shrinks to $0.7bn in October

Published Dec. 2, 2019. Updated Dec. 2 at 5:25 pm

This ilustration shows a man counting US dollars in Caracas on Jan. 28, 2019.

Photo by Yelyzaveta Serhiienko/ Press office NBU

Ukraine’s current account (C/A) deficit shrank to $0.7bn in October from $1.1bn in September due to a positive switch in the primary income balance, the National Bank of Ukraine (NBU) reported on November 30.

Primary income switched to a $385mn surplus from a $102mn deficit in September on a decrease of coupon payments on international Eurobonds.