India’s current account balance fell even as it continued to maintain a surplus in the July-September quarter, led by a rise in the merchandise trade deficit.Balance of payments data released by the RBI showed:India’s current account surplus moderated to $15.5 billion in July- September from $19.2 billion in April-June.As a percentage of the GDP, current account balance rose 2.4% in July-September compared with 3.8% in preceding quar…



Source link

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *