Tue, 03 Sep 2013 07:12:10 GMT
Australia current account gap widens
The seasonally-adjusted data published today by the Australian Bureau of Statistics on the current account of the world's fourteenth largest economy suggest the deficit went up to $9,350m from $8,740m, or by 7% within the second quarter of this year. This means the difference between the imported and exported goods rose and the demand for the Australian Dollar supposedly fell.