The current account deficit represents a fiat currency imbalance between the imports and exports of a country. It happens whenever the dollar value of tangible consumer goods purchased by a ...

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 that added more pressure on ...

KARACHI: The current account posted a deficit of $420 million last month, almost the same as in Jan 2024, but the deficit slashed a rising surplus accumulated during the current fiscal year (FY25).

TOKYO (Reuters) - Japan recorded a current account deficit in January for the first time in two years as a weak yen inflated the cost of imports, finance ministry data showed on Monday.

JAKARTA (Reuters) - Indonesia's current account deficit widened in 2024 as its merchandise trade surplus shrank amid weaker global demand, the central bank said on Thursday, and analysts pointed ...