Current account

RECENT NEWS
Financial Times  Oct 5  Comment 
Sharp rise in exports and fall in imports points to dramatic rebalancing of crisis-hit economy
Financial Times  Oct 4  Comment 
Current account deficits and falling currencies leave India and Indonesia exposed 
The Economic Times  Oct 3  Comment 
It has warned that while some rupee depreciation was initially required, any further volatility can have a negative impact on the economy and create inflationary pressure
Financial Times  Oct 1  Comment 
Narrowing rates spread and declining current account surplus fuel capital flight fears
The Hindu Business Line  Oct 1  Comment 
Hiking import duties won’t help India lower its current account deficit; in fact, it may hurt trade
The Hindu Business Line  Sep 27  Comment 
Hiking import duties to bring down Current Account Deficit is a bad idea, said the former Deputy Chairman of Planning Commission, Montek Singh Ahluw
The Times of India  Sep 27  Comment 
India on Wednesday raised import tariffs on 19 "non-essential items", in a bid to reduce a widening current account deficit and tackle a dramatic slide in the rupee.
The Economic Times  Sep 22  Comment 
India's CAD problem is partly due to a small portion of its population, nearly 10 cr, spending on goods & services.
The Times of India  Sep 20  Comment 
HSBC has forecast that the rupee will settle down at around 73 by the end of 2018 and weaken further to 74 by mid-2019. ​​​The bank has also red-flagged the rising current account deficit (CAD), which according to the bank is the biggest...




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Current account is equal to the net flow of current transactions, including goods, services, and interest payments between countries. The current account balance is the sum of the value of imports of goods and services plus net returns on investment abroad, minus the value of exports of goods and services. All these items are measured in domestic currency.[1]

References

  1. About.com: Economic Indicator


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