Latvia's capital and financial account had a surplus of LVL 166.5 million in Q1.
The inflow of financial resources was mainly in the form of foreign direct investment (FDI), as well as through banks receiving loans and decreasing investment in bonds.
The amount of FDI in Latvia reached LVL 74.1 million, 11.4 per cent more than the previous year. According to the data of the Bank of Latvia, the majority of this amount was composed of reinvested profits and the loans received from foreign investors.
Source: Baltic Business News
