capital account :
- n (economics) that part of the balance of payments recording a nation's outflow and inflow of financial securities
- n (finance) an account of the net value of a business at a specified date
News & Articles
- Insight: China turf war over yuan reform rattles foreign firms
By Pete Sweeney SHANGHAI (Reuters) - Multinational companies in China say they are being forced to pick sides in a turf war between two major financial regulators fighting over which agency will drive currency and capital account liberalization. The conflict between the People's Bank of China (PBOC) and the State Administration of Foreign Exchange (SAFE) risks undermining confidence in the ...
Aug. 4, 2013 - Reuters via Yahoo! News