balance of payments (BOP)
A quarterly report on international trade that tracks cash payments coming in and flowing out of the country. These cash flows are generated by imports, exports, and the transfer of financial assets. The Balance of Payments for the previous quarter is released by the Bureau of Economic analysis around the second week of March, June, September, and December. See Current Account; Capital Account; Foreign Reserves; petrodollars.

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Official Settlements Account
overall balance of payments
current account deficit
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