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Current account balance is a. Rate sensitive. b. Rate non sensitive. c. None of above. d. All of above.

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Question added by Vinod Jetley , Assistant General Manager , State Bank of India
Date Posted: 2014/10/03
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

1.Current Account Balance is Rate sensitive for interest Calculation (For international Balance of Payment)

2.Non rate sensitive for interest calculation in case of Current accounts maintained by the customer in a Bank account, normally.

For the sake of international comparability, all countries are required to adhere to the IMF guidelines when drawing up their balance of payments. These prescribe the debtor approach method for determining interest income and expenditure, which determines interest flows based on the yield to maturity at issuance

Malik Khalid Mahmood
by Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

Current account balances are rate sensitive

Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

Option B

Alex Al Yazouri
by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

I agree with the experts.

"Current "account balance is b. Rate non sensitive.

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

b. Rate non sensitive.

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