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Monday, 18 February 2019|

Glossary A-Z

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

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