persistent current

persistent current

[pər′sis·tənt ′kə·rənt]
(cryogenics)
A magnetically induced electric current that flows undiminished in a superconducting material or circuit.
A superfluid current that flows undiminished around a closed path.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
For others like Pakistan, free trade has led to persistent current account deficits and plummeting exchange rates.
Persistent Current Account Surpluses and Net Creditor Position Reflect Strong External Accounts
The country also runs persistent current account surpluses, albeit not quite as pronounced as in Thailand and gradually declining since 2011.
This was a sweeping statement ignoring the ground realities with regard the carry over huge foreign debt liabilities and persistent current account deficit during the next few years.
While higher than that of other emerging and developing countries, it remains insufficient to address the structural challenges of persistent current and fiscal deficits and debt vulnerability.
Pakistan's foreign reserves declined owing to persistent current account deficit.
Foreign exchange reserves have declined due to persistent current account deficits, which have widened over the past two years.
'It is the relentless phenomenon in South Asian economics as they are facing persistent current deficit from a couple of decades.
Mapa last week told reporters that he expects the peso to average 54.45:$1 next year on expectations of a persistent current account deficit due to a wide trade deficit.
Persistent current account deficit is defiantly not good for the economy as it shows certain fundamental weakness in the economic system.
Net external debt is high relative to peers, but on an improving trend due to persistent current account surpluses.

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