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2 months ago
Argentina posts current account deficit of $6.871 bln in 1st qtr
June 28, 2017 / 7:19 PM / 2 months ago

Argentina posts current account deficit of $6.871 bln in 1st qtr

BUENOS AIRES, June 28 (Reuters) - Argentina posted a current account deficit of $6.871 billion in the first quarter of 2017, government statistics agency Indec said on Wednesday, compared with a deficit of $4.566 billion in the fourth quarter of last year.

The current account is the broadest measure of a country's foreign transactions encompassing trade, services, and an array of financial flows, including interest payments. Latin America's No. 3 economy posted a current account deficit of $4.927 billion in the first quarter of last year. (Reporting by Buenos Aires newsroom; Writing by Luc Cohen)

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