At $19.1 b, Cur­rent Ac­count Deficit Widens to 2.9% of GDP in Q2

The Economic Times - - Front Page -

In­dia’s cur­rent ac­count deficit (CAD) widened to 2.9% of the GDP in the se­cond quar­ter of the fis­cal com­pared to 1.1% in the year-ago pe­riod, mainly due to a large trade deficit. The dif­fer­ence be­tween out­flow and in­flow of for­eign ex­change in the cur­rent ac­count was $19.1 bil­lion in Q2.

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