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In June 2025, the current account showed a surplus of $328 million, a significant improvement from the $84m deficit recorded in May. For most of the year, the current account remained in surplus.
The current account balance seems to be an abstruse economic concept. But in countries that are spending a lot more abroad than they are taking in, the current account is the point at which ...
The country’s trade gap is expected to grow wider in the coming years as the government ramps up infrastructure spending, a trend that may put pressure on the peso even as the economy ...
Lloyds Bank has launched a new student current account aimed at attracting younger customers in the UK, offering a £100 ($135) cash incentive, £90 in Deliveroo vouchers, and an interest-free ...
Global current account balances widened by a sizable 0.6 percentage points of world GDP in 2024. When adjusted to account for the volatility around the pandemic and Russia’s war in Ukraine, the ...
SANTANDER is axing a popular current account used by hundreds of thousands of customers in August. The bank is closing its 123 Lite current account, which offers up to 3% cashback on household bill… ...
Global current account balances widened sharply in 2024, reversing a narrowing under way since the global financial crisis of 2008-2009, the International Monetary Fund (IMF) said on tuesday ...
In the April–June quarter, the bank’s current account deposits declined by 30.57 percent quarter-on-quarter to Rs 54,045 crore, down from Rs 77,841 crore in Q4 FY25, according to the investor ...
Pakistan recorded a full-year current account surplus of $2.1 billion in fiscal year 2024–25, reversing a $2.07 billion deficit from FY24, marking its first annual surplus in 14 years, ...
The latest data of the State Bank of Pakistan (SBP) on Friday showed the current account surplus was recorded at $2.1 billion, compared to a deficit of $2.1 billion during the previous fiscal.
THE PESO could come under pressure due to the Philippines’ sustained current account deficit, Deutsche Bank Research said. “The current account deficit has been widening on the back of improving ...
Santander major change to current account service 'within weeks' High street bank has confirmed plans to close a current account to new and existing customers from next month ...
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