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Glossary A-Z

Keyword : current account
Category :
Total Record Found : 1
current account

It measures net provision of real resources namely goods, services, primary and secondary income to or from the rest of the world. A surplus in current account arises when earnings exceed spending, while a deficit occurs when it reversed. A deficit in the current account may be financed by foreign investment inflows or external borrowings or a draw downs on reserve assets.

Source : External Sector
Source Detail : Quarterly Balance of Payment