19 Jun, 2013
The Leela Palace, Bengaluru
Monday, January 7, 2013 - 20:24 IST
Capital flows mitigating wider current account gap pressure
BY Siddhartha Sanyal & Rahul Bajoria
Current account deficit is likely to stay elevated India’s merchandise trade deficit and current account deficit have been elevated in recent months, and are set to remain so for the near future, in our opinion.
- India’s current account deficit remains challenging ($22.3 billion or ~5.4 per cent of GDP in Q3 12), but stronger capital flows have been supportive for the country’s balance of payments (BoP) in recent quarters, limiting funding risks and...
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