The Czech Republic's current account deficit narrowed to $67 million in February
Published:
16 April 2004 y., Friday
The Czech Republic's current account deficit narrowed to $67 million in February, official figures showed Wednesday.
The figure represents a significant narrowing from January's $175 million deficit.
Local analysts had forecast a deficit for February of around $100 million but said the data would probably not affect the crown, the Czech currency, which has recently been trading at six-week highs to the Euro, the currency of its key trading partners in the European Union.
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