India reports current account surplus for second straight quarter at 3.9% of GDP in April-June | Sharefundss

India reports current account surplus for second straight quarter at 3.9% of GDP in April-June

“The surplus in the current account in Q1 of 2020-21 was on account of a sharp contraction in the trade deficit to $10.0 billion due to steeper decline in merchandise imports relative to exports on a year-on-year basis,” Reserve Bank of India said.

 
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