India's current account deficit widens by 2.8% of GDP in April-June period of FY23: RBI - NEWS HUB

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Thursday, September 29, 2022

India's current account deficit widens by 2.8% of GDP in April-June period of FY23: RBI

India`s current account balance recorded a deficit of $23.9 billion (2.8 per cent of GDP) in Q1:2022-23, up from US$ 13.4 billion (1.5% of GDP) in Q4:2021-221 and a surplus of $6.6 billion (0.9% of GDP) a year ago [i.e., Q1:2021-22], the RBI said in a statement.

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