Forex encyclopedia

Current account balance of the state represents the difference between the amount of payments transferred abroad and amounts of payments coming from abroad. If external payments exceeds payments sent to other states and international organizations, then current balance is called active (surplus takes place), in the opposite case it is stated that negative balance emerged (credit balance). Value of current account is published quarterly, in the middle of the month around 10:00 a.m EST (New York). Market respond to published value is minor. Active balance is a positive factor for national currency.

In April of 2013 year deputies of the State Duma A. Babakov and V. Shestakov introduced amendments to the law “About securities market” and to legislative acts of the Russian Federation in the part of legal regulation of dealers' activity on the over-the-counter Forex market. This law was accepted during the first readings and is supposed to enter into the force since January 1, 2014.

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19.07.2019 New article added «Trade»

15.05.2019 New article added «Forex spot trading»

15.05.2019 New article added «Forex trading secrets»

15.05.2019 New article added «Swing trading Forex»

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Forex encyclopedia

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