Current account

RECENT NEWS
TechCrunch  9 hrs ago  Comment 
 “There are two types of competition for us at Loot: the banks and the money management apps,” Loot founder Ollie Purdue tells me. The U.K. startup, founded in 2014 while now 24 year old Purdue was finishing up university, offers a...
Reuters  Dec 13  Comment 
India's July-September current account deficit more than doubled from a year earlier after imports accelerated while crude prices surged, data published by the Reserve Bank of India showed on Wednesday.
Financial Times  Dec 13  Comment 
Country’s currency slides in apparent attempt to alleviate current account deficit
Mondo Visione  Dec 12  Comment 
The Financial Conduct Authority (FCA) has today published final rules which will require providers of personal current accounts and business current accounts to publish information that will help customers to compare the service they could...
The Economic Times  Dec 3  Comment 
He said the macro-economic indicators have remained stable for the past 3 years with current account deficit hovering around 1 per cent and inflation moderating.
Clusterstock  Nov 21  Comment 
This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. UK-based fintech,   Glint, has   launched   its debit card and current account, which will allow users to purchase...
Financial Times  Nov 16  Comment 
Challenger bank warns profit margin will slip next year due to competitive loan sector
TechCrunch  Nov 7  Comment 
 Monzo, one of a number of “challenger” banks in the U.K. aiming to re-invent the current account, continues to be on a roll, both in terms of user numbers and now a significant new funding round. Read More
The Economic Times  Nov 1  Comment 
India's current account deficit (CAD) rose sharply to USD 14.3 billion -- 2.4 per cent of GDP -- at the end of first quarter of 2017-18.




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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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