Monday, May 28, 2007

Thailand Current Account Surplus Probably Narrowed From Record on Imports

(Bloomberg) -- Thailand's current account surplus
probably narrowed from a record in April as imports of machinery
and raw materials recovered from the slowest growth in almost a
year, countering an increase in exports.

The surplus narrowed to $137 million from a $2.26 billion
excess in March, according to the median estimate of 10
economists surveyed by Bloomberg. That would be the smallest
excess since a deficit in July. The current account data is
scheduled for release by the Bank of Thailand on May 30 at 2:30
p.m. in Bangkok.


Read more at Bloomberg Emerging Markets News

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