US current account deficit narrows in second quarter

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US current account deficit narrows in second quarter
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WASHINGTON (Reuters) - The U.S. current account deficit narrowed sharply in the second quarter as surpluses on services and primary income offset a ...

WASHINGTON - The U.S. current account deficit narrowed sharply in the second quarter as surpluses on services and primary income offset a shortfall on goods, data showed on Thursday. TheSaltWire's Atlantic regional weather forecast for September 21, 2023 | SaltWireWASHINGTON - The U.S. current account deficit narrowed sharply in the second quarter as surpluses on services and primary income offset a shortfall on goods, data showed on Thursday.

The United States is now a net exporter of crude oil and fuel. Though the deficit remains large, it has no impact on the dollar given its status as the reserve currency.

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