(MENAFN- Daily Forex) A current account records the net value of exports and imports of goods and services plus international transfers of capital, net earnings, cross-border investments, and ...

Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. David Kindness is a Certified Public Accountant (CPA) and an ...

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Countries, like households, may spend above their incomes sometimes, and below them at other times. A country that spends above its income imports more goods and services than it exports and is said ...

There can be consequences when the amount a country spends abroad is wildly different from what it receives from the outside world The current account balance seems to be an abstruse economic concept.

What Is a Current Account Deficit? A current account deficit happens when a country's imports exceed its exports in terms of goods and services. This deficit reflects a nation's foreign transactions ...

There can be several good reasons to switch your current account. These might include a welcome bonus for new customers and continued rewards or cashback on spending, or simply just improved customer ...

Julius Probst is indirectly funded by the Wallenberg Foundation. In the recent economic crises in Turkey and Argentina, there was much talk about how current account deficits played a big part in ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. China’s financial account is interesting, and not well understood. China’s state ...