Discover how current and capital accounts differ within the balance of payments, helping you understand international trade finance and economic transactions.

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

LONDON, June 25 (Reuters) - The U.S. balance of payments gap as a share of annual economic output hit its widest point in almost 20 years during the first quarter. Rather ominously, the last time it ...