Indonesia posts first current account deficit in 2 years in Q2 -central bank

JAKARTA (Reuters) – Indonesia’s current account returned to a deficit for the first time in two years in the second quarter, amounting to $1.9 billion, equivalent to 0.5% of GDP, due to falling commodity prices and weak global growth, the central bank said on Tuesday.

The country’s balance of payments stood at a $7.4 billion deficit in the April-June quarter.

(Reporting by Gayatri Suroyo and Fransiska Nangoy; Editing by Jacqueline Wong)