Mumbai, July 23 -- IMF stated in a latest update that the global current account balances widened by a sizable 0.6 percentage points of world GDP in 2024. When adjusted to account for the volatility around the pandemic and Russia's war in Ukraine, the widening is a notable reversal of the narrowing since the global financial crisis and may signal a significant structural shift.
Published by HT Digital Content Services with permission from Capital Market....