Merchandise Trade Deficit Archives

FY22 current account deficit faces mild upside risk: Acuite Ratings

16 February 2022 by Admin

India’s FY22 current account deficit faces mild upside risk from high commodity prices, said Acuite Ratings & Research. The wider merchandise trade deficits pulled India’s Q2FY22 current account into the negative territory. The current account swung into negative territory with a deficit of $9.6 billion in Q2FY22 from a surplus of $6.6 billion in the … Read more

India’s current account surplus shrinks in latest quarter

30 December 2020 by Admin

India’s current account surplus shrank to $15.5 billion in the July-September quarter from a record $19.2 billion in April-June as its merchandise trade deficit grew, the Reserve Bank of India said on Wednesday. The surplus stood at 2.4% of the gross domestic product in the latest quarter, compared with a deficit of $7.6 billion, or … Read more