India's current account deficit widens to $6.2 billion
after close1 source ↓written by the desknot a recommendation
- in June
- $6.2 billion
- a year ago
- $1.2 billion
- surged
- $30.2 billion
- imports rising
- $71.4 billion
India's current account deficit widened to $6.2 billion in June from a surplus of $1.2 billion a year ago, as per RBI data. The merchandise trade deficit surged to $30.2 billion, driven by imports rising to $71.4 billion. This trend may impact currency stability and investor sentiment in the coming months.
Not investment advice. For informational purposes only.