C/A deficit increases

ISLAMABAD - Pakistan's current account deficit widened to a provisional $3.394 billion in the first 10 months of the 2011/12 fiscal year from $3.081 billion in the first nine, the State Bank said on Thursday.
There was a provisional surplus of $466 million in the first ten months of the previous fiscal year, according to data released by the State Bank of Pakistan.
The current account had a provisional deficit of $313 million in April 2012. The January-March 2012 period had a provisional deficit of $655 million.

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