Bank of Baroda predicts India's current account deficit will remain manageable in FY25 and FY26 due to stable oil prices.

In September, the deficit of the current account of the balance of payments amounted to USD 2.4 billion (in September 2023 - USD 0.9 billion). This follows from a statement by the National Bank of ...

Thanks to the surge in remittance inflows, Bangladesh's current account deficit, a key component of the country's Balance of Payments (BOP), narrowed by 93% in the first quarter of FY25 compared to ...

Turkey’s current account recorded another surplus in September, while its 12-month rolling deficit dropped to single digits ...

Romania’s current account (CA) deficit has widened by 26% y/y to EUR 26.3 billion in 12 months to September 2024, according to data published by the National Bank of Romania (BNR). It was a new record ...

Türkiye will likely see a relative economic recovery starting as of the second half of next year, according to the nation's ...

MOSCOW. Nov 15 (Interfax) - The deficit of Ukraine's consolidated balance of payments stood at $2.8 billion in September 2024 (about 1.6% of the projected 2024 GDP), compared to a surplus of $0.3 ...

The current account balance reflects the net flow of money across a country's borders, capturing imports, exports, and other financial activities like remittances, investments, and foreign aid.