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

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 ...

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 ...

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 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 ...