The current account deficit dropped to CZK 48.4bn in the 3Q06 from CZK 51.4bn in the 2Q06. On an annual basis, the balance reached 3.8% of GDP. The result was a slightly lower one than that indicated by the monthly data. However, the difference wasn't significant enough to roil the peaceful waters of the exchange market. The financial account recorded the highest inflow of capital this year thanks to the high level of reinvested profits coming from foreign investors who continue to have a strong interest in Czech shares. In terms of portfolio investments, there was an outflow of capital because Czech investors’ activity on stock exchanges abroad was even higher. For the whole year of 2006, we expect to see a current account deficit of CZK 123bn (3.8% of GDP) after last year’s CZK 63bn (2.1% of GDP).