Learn how current transfers work in international transactions. Explore the different types, their significance, and how they ...

The RBI has introduced a stricter current account framework effective from 1 April 2026, tightening controls for businesses with borrowing of Rs 10 crore or more. Only lenders holding at least 10% of ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. China’s reported current account surplus rose from $55 billion in the second ...

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 ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. In the second quarter of 2024, China reported a customs surplus of $250 Billion, a ...

High-interest current accounts allow you to earn a return on your balance when you stay in credit. Some even offer higher rates than typical savings accounts. We’ve compiled our pick of the best ...