Egypt BoP monitor: Jump in financial account offsets dip in current account
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Balance of Payments records a stable quarterly surplus of US$0.2bn
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Current account deficit doubles in Q2 19/20, reflecting a wider trade deficit and weaker services
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Capital and financial surplus soared as FPIs switch from outflows to inflows
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This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a research recommendation because the subject of the research is not listed on any European exchange, it has nevertheless been treated as a research recommendation to ensure consistent treatment of all Tellimer's research. This report has been produced by the analyst(s) named above (the "Analyst").
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