China’s reported current account surplus rose from $55 billion in the second quarter of 2024 ($220 billion annualized, or just over a percentage point of GDP) to $148 billion (just under $600 billion ...
Current accounts are often the preferred bank account for salaried professionals to receive monthly wages. They are also used by self-employed individuals and entrepreneurs because they need to ...
Current accounts from UK-regulated banks and building societies are protected under the Financial Services Compensation ...
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 ...
High-interest current accounts pay competitive returns 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 ...