Current account deficit widens to $13.2 billion in Q3 as trade deficit expands

MUMBAI: The current account deficit (CAD), which is the difference between forex earned from exports and forex spent on ...
EconoTimes

IMF Urges U.S. to Cut Fiscal Deficit to Reduce Trade and Current Account Gaps

The International Monetary Fund (IMF) has urged the United States to address its rising fiscal deficit as a key step toward ...

IMF calls for US fiscal consolidation to bring down 'too big' current account deficit

By David Lawder WASHINGTON, Feb 25 (Reuters) - The International Monetary Fund on Wednesday called on the United States to reduce its growing fiscal deficit as the best way to bring down current ...

Current vs. Capital Accounts: Understanding Balance of Payments

Explore the differences between current and capital accounts and how they affect a nation's net income and asset-liability balance.

What Is a Current Account Surplus?

A current account surplus means that a country's exports are worth more than its imports. Learn how current accounts affect competitiveness in world trade.