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Qatar C/A surplus widens to $62bn in 2012Qatar's current account surplus has widened to QR226.9 billion ($62.3 billion) in 2012, or 32.4 per cent of gross domestic product, the central bank's preliminary data showed, beating analysts' expectations. More… |
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Indian rupee slumps to record lowThe Indian rupee slumped to a record low against the dollar on Wednesday as risk aversion in global markets added pressure on a currency already under fire from the country's current account and fiscal deficits. More… |
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Kuwait current account surplus jumps to $70bnKuwait's current account surplus surged 78 percent in 2011 mainly thanks to a jump in exports, the country's central bank said on Wednesday. The current account of one of the world's top oil exporters booked a surplus of 19.53 billi More… |
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NBAD launches unique current accountThe National Bank of Abu Dhabi (NBAD), a leading bank in the UAE, has launched a premier current account that offers customers a unique blend of financial and non-financial benefits and privileges. The NBAD One account, which comes with no More… |
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UAE current account surplus jumps to $11bnThe United Arab Emirates' current account surplus jumped by 43 percent to Dh41.3 billion ($11.2 billion) in 2010 from the previous year. The increase is mainly due to higher oil prices, preliminary central bank data showed on Sunday. More… |
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UAE current account surplus falls to $7.9bnThe United Arab Emirates current account surplus fell 65 percent to Dh28.82 billion ($7.85 billion) in 2009 from the previous year, mainly due to lower oil prices. The surplus was Dh81.82 in 2008, central bank data showed. More… |
