Nigeria Content Online

Egypt’s current
account deficit widened to $802.2 million in the July-September
quarter, from a deficit of $493.4 million in the same quarter a year
earlier, the Central Bank said on Tuesday.

The balance of
payments registered a surplus of 14.7 million versus a surplus of $2.05
billion in July-September 2009. Direct foreign investment during the
quarter fell to $1.60 billion from $1.73 billion.