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U.S. international transactions.

The current account deficit was $10.3 billion in the fourth quarter of 1991, compared with $11.6 billion in the third quarter. A decline in the merchandise trade deficit, augmented by a decrease in net unilateral transfers, more than accounted for the smaller fourth-quarter deficit.

[TABULAR DATA OMITTED]

In the capital accounts, claims on foreigners reported by U.S. banks increased $20.7 billion in the fourth quarter of 1991, in contrast to a decrease of $2.3 billion in the third quarter. Liabilities to private foreigners reported by U.S. banks, excluding Treasury securities, increased $26.0 billion in the fourth quarter, compared to an increase of $6.5 billion in the third quarter.
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Title Annotation:International Statistics; ending fourth quarter, 1991
Publication:Economic Indicators
Article Type:Illustration
Date:Apr 1, 1992
Words:116
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