The current account deficit widened $228.2 billion, or 25.2%, to a record $1.13 trillion in 2024. It represented 3.9% of GDP, the highest since 2022 and up from 3.3% in 2023.

MANILA, Philippines – The Philippines posted its second largest current account deficit on record in 2024 as the country’s bloated import bill continued to drive dollar outflows, a development ...

ISTANBUL, Feb 13 (Reuters) - Turkey's current account deficit narrowed to $9.97 billion in 2024 from nearly $40 billion a year earlier, the central bank said on Thursday, with interest rate hikes ...

The system is called the Current Account Switch Service (CASS) and it was set up by the government in 2013, to facilitate the ability to change banks seamlessly, as part of a wider reform of the ...

Pakistan’s current account posted a surplus of $582 million in December 2024, a massive jump of 109% when compared with the surplus of $279 million in the same month of the previous year ...

MANILA, Philippines — The country’s current account deficit more than doubled in the third quarter compared to a year ago amid a wider trade gap, according to the Bangko Sentral ng Pilipinas ...

Lloyds is offering new current account customers a £ ... also available for customers opening a Club Lloyds Platinum and Club Lloyds Silver account, which come with £22.50 and £11.50 monthly ...

A MAJOR high street bank is offering customers up to £200 free cash directly into their current account ... when switching to the Club Lloyds Platinum Account and Club Lloyds Silver Account ...

The freebie is on offer to new customers switching from another provider and launching a Club Lloyds, Club Silver or Club Platinum current account. To secure the cash, you'll need to use the ...

New customers with the bank can get the funds when switching from another savings provider and opening a Club Lloyds, Club Silver or Club Platinum current account. To get the funds paid into your ...

Each current account product offered by SBI comes with a unique mover that allows businesses, as per their scale and operation, to maintain a record of every transaction in a single account.

We estimate shocks that explain most of the variation in the current account at business cycle frequencies and over the long run. We then explore, using a standard open-economy macro model, which ...