Pakistan records c/a surplus of $146 mln in Feb: Reuters

KARACHI (Reuters) - Pakistan's current account recorded a surprise surplus of $146 million in February which analysts attributed to lower global commodity prices.

The current account was last in surplus in June 2007.

"The number for February as a current account surplus is a positive surprise," said Asif Qureshi, head of research at Invisor Securities Ltd.

"It manifests reducing external account pressures due to a combination of restrictive demand management policies and lower international commodity prices."

The current account deficit for January was $279 million, the State Bank of Pakistan said.

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