YAKARTA, Aug 18 (Reuters) – Indonesia’s existing second quarter account deficit fell from the past 3 months to $2.9 billion, or 1.2 percent of gross domestic product, according to a central bank report released Tuesday.
The existing account was extended for the first quarter to 1.4% of GDP.
The country had a balance-of-payments surplus of $9.2 billion in the April-June quarter, to a deficit of $8.5 billion in the first quarter.
Portfolio capital inflows returned this quarter after major outflows at the start of the coronavirus pandemic, the Bank of Indonesia said in the report (report through Gayatri Suroyo, Tabita Diela and Fransiska Nangoy; edition through Muralikumar Anantharaman).
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