(2016). Long run Sustainability of Current Account Balance of China and India: New Evidence from Combined Cointegration Test. Intellectual Economics, 10(2), 78-91.Sahoo, M., Babu, M. S., and Dash, U. (2016). Long run sustainability of current account balance of china and india: New ...
The long run relationship between current account balance (CAB) and capital account balance (KAB) and the repercussions of capital account convertibility (KAC) on growth process of a country is a much debated issue. In particular, in the aftermath of the Southeast Asian crisis, the limitation of...
Over the last few years, those macro imbalances are reducing, and you’re getting less macro vulnerability from, one, inflation targeting and, two, through services exports, which is cushioning the current account balance. And which commodities are particularly noteworthy for India’s ...
Current accounts allow overdraft facility, that is withdrawing more than what is currently available in the account. Also, unlike savings accounts, where you earn some interest, these are zero-interest bearing accounts. You need to maintain a minimum balance to be able to operate current accounts...
Foreign Direct Investment and Current Account Balance are the two important macroeconomic variables considered in overall Balance of Payments (BOP). India and United States have progressed by investing in each other resources and has a significant share in their respective total FDI Inflows. FDI Inflow...
India's export, import, trade account balance, current account balance and overall balance data were collected for various years. Therefore, this paper analyzes the relationship between exchange rates and balance of payment and how exchange rates affect the balance of payment with the help of data...
Rajeev Malik, Senior Economist at CLSA writes in a report, “Although it is technically correct to include gold imports and exports in the current account balance as per IMF guidelines, we peg the “overestimation” of the current account deficit due to net gold imports to be around 20-30 ...
Open Smart Business Account - A Current Account for Business that offers higher cash deposit limit & lower charges on business transactions.
Current Account” means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposit nor Term Deposit. ...
and withdraw cash for business purposes. Banks usually provide unlimited daily transactions, with no restrictions or caps on the sums withdrawn or deposited in Current Accounts. That said, the minimum balance requirements for Current Accounts are generally higher than those on Savings ...