Current account of BoP consists of visible, invisible and unilateral transactions of a country, whereas, capital account of BoP records all such transactions that cause a change in the asset or liability status of the country or its residents.
Current account of BoP consists of visible, invisible and unilateral transactions of a country, whereas, capital account of BoP records all such transactions that cause a change in the asset or liability status of the country or its residents.