Pakistan's July/Dec c/a deficit narrows to $6.053 bln: Reuters

KARACHI, Jan 16 (Reuters) - Pakistan's current account deficit narrowed in the six months from July through December to $6.053 billion, compared with $7.269 billion the same period last year, the central bank said on Friday.
The current account deficit for December fell to $458 million from $800 million in November, the State Bank of Pakistan said on its website.
Analysts said this was mainly due to a decrease in international oil prices. Oil was trading at $36 a barrel on Friday, compared to a record high of $147 in July last year.
Analysts said this would ease pressure on the central bank to raise the discount rate in the near term.
A six-monthly monetary policy meeting is due to be announced on Jan. 31, the central bank said on Friday.

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