Wednesday, June 27, 2007

Thailand Current Account Surplus May Widen as Spending Slump Slows Imports

(Bloomberg) -- Thailand's current account surplus
probably widened in May as falling consumption curbed imports,
and exporters boosted overseas shipments to counter lower
domestic sales.

The surplus widened to $534 million from a $44 million
excess in April, according to the median estimate of 11
economists surveyed by Bloomberg. The current account report is
scheduled for release by the Bank of Thailand on June 29 at 2:30
p.m. in Bangkok.


Read more at Bloomberg Bonds News

No comments: