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The Reserve Bank Governor is reported to be unconcerned about the balance of payments current account deficit.
Financial and business terms. 2012.
current account — net flow of goods, services, and unilateral transactions (gifts) between countries. Bloomberg Financial Dictionary The part of the balance of payments which is due to trade flows. It can be broken down into visibles, which are physical goods… … Financial and business terms
Current account — Net flow of goods, services, and unilateral transactions (gifts) between countries. The New York Times Financial Glossary * * * current account current account ➔ account1 * * * A country s current account balance is the sum of the visible… … Financial and business terms
Balance of payments — In economics, the balance of payments, (or BOP) measures the payments that flow between any individual country and all other countries. It is used to summarize all international economic transactions for that country during a specific time period … Wikipedia
Current account — This article is about the macroeconomic current account. For day to day bank accounts, see Current account (banking). Cumulative Current Account Balance 1980–2008 (US$ Billions) based on the International Monetary Fund data In economics, the… … Wikipedia
Balance of payments accounts of Japan (1960–90) — In its balance of payments accounts, Japan has traditionally run a deficit in services. Trade in services includes transportation (freight and passenger fares), insurance, travel expenditures, royalties, licensing fees, and income from… … Wikipedia
current account — noun 1. that part of the balance of payments recording a nation s exports and imports of goods and services and transfer payments • Hypernyms: ↑accounting • Part Holonyms: ↑balance of payments, ↑balance of international payments 2. a bank account … Useful english dictionary
balance of payments — Spain s balance of payments shows the usual cycle of oscillations between surplus years and deficit years. From the early 1960s to the early 1970s there was generally a surplus. But Spain s dependence on imported oil changed the situation… … Encyclopedia of contemporary Spanish culture
current account — / kʌrənt əˌkaυnt/ noun 1. an account in an bank from which the customer can withdraw money when he or she wants. Current accounts do not always pay interest. ● to pay money into a current account Also called cheque account (NOTE: The US term is… … Dictionary of banking and finance
balance of payments — A statistical compilation formulated by a sovereign nation of all economic transactions between residents of that nation and residents of all other nations during a stipulated period of time, usually a calendar year. Bloomberg Financial… … Financial and business terms
balance of payments — noun a system of recording all of a country s economic transactions with the rest of the world over a period of one year (Freq. 1) a favorable balance of payments exists when more payments are coming in than going out • Syn: ↑balance of… … Useful english dictionary
