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.
The Chosun Ilbo on MSN
Won-Dollar Rate Soars Despite Strong KOSPI, Current Account Surplus
On the 24th, the won-to-dollar exchange rate opened at 1,472 Korean won in the Seoul foreign exchange market. This marked a ...
KUALA LUMPUR: Malaysia's current account balance is expected to remain in surplus of between 1.5 per cent and 2.5 per cent of gross domestic product (GDP) in 2025, said Bank Negara Malaysia governor ...
MUMBAI, June 24 (Reuters) - India's current account balance posted a surplus for the first time in 10 quarters in the January-March period, helped by higher service exports and private transfer ...
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