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RM7.4b current account surplus in Q3 last year.
Byline: Nor Sadnawaty Saifuddin
MALAYSIA's current account posted a RM7.4 billion surplus in the third quarter of 2001 which economists attributed to increased trade earnings, investment inflows and pre-payment of external debts.
The current account measures the flow of goods, services and investment income between Malaysia and the rest of the world.
The surplus helped bring the overall balance of payments to a surplus of RM14.1 billion from a deficit of RM4.4 billion in the second quarter of the year.
The overall surplus of RM14.1 billion was achieved after taking into account the RM1.8 billion in errors and omissions.
"While the …
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