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International Transactions

All articles tagged with #international transactions

economy1 month ago•3 min saved

U.S. Current-Account Deficit Narrows in Q3 2025, BEA Reports

BEA data show the U.S. current‑account deficit narrowed to $226.4 billion in Q3 2025 (about 2.9% of GDP) as primary‑income moved into a surplus, the services surplus widened, and the goods deficit eased. Exports rose to about $1.30 trillion while imports reached $1.53 trillion. Net financial‑account transactions were −$409.9 billion, with sizable increases in assets and liabilities to foreign residents. BEA also announced a March 2026 switch to a single combined release for international transactions and investment position data, with tables accessible via an Interactive Data Application; next releases are scheduled for March 25, 2026 and later in 2026.

via Bureau of Economic Analysis (BEA) (.gov)|

#bea #economy #finance

economy5 months ago•4 min saved

U.S. Current Account Deficit Narrows Significantly in Q2 2025

In Q2 2025, the US current-account deficit narrowed significantly to $251.3 billion, mainly due to a decrease in imports and an increase in exports of goods and services, reflecting a positive shift in trade balance and increased foreign investment in US assets.

via Bureau of Economic Analysis (BEA) (.gov)|

#current-account-deficit #economy #international-transactions

economics2 years ago•2 min saved

BRICS Discusses Common Currency, but De-dollarization Remains Distant, Says Indian Minister

Indian Oil and Gas Minister Hardeep Singh Puri expressed his personal desire to transact everything in Indian rupees, but acknowledged that de-dollarization, or moving away from the U.S. dollar for trade settlements, is still a distant goal. While some oil trades have been settled in currencies like the Chinese yuan or Indian rupee, Puri believes that the U.S. dollar will remain the dominant currency for international oil transactions. He noted that the Indian rupee's prominence in the global market is a long journey, given the size of India's economy and its external sector. The BRICS summit discussed the possibility of a common currency, but Puri emphasized that existing trading and payment arrangements have been in place for a long time.

via CNBC|

#brics #de-dollarization #economics