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Current Account Surplus

Current Account Surplus What is the news? India’s current account surplus moderated to $15.5 billion (2.4% of GDP) in the second quarter compared with a $19.2-billion surplus (3.8% of GDP) in the April-June quarter. The country had recorded a deficit of $7.6 billion for the quarter ended June, 2019, as per balance of payment data released by the RBI. Balance of Payments (BoP) The balance of payments (BoP) record the transactions in goods, services and assets between res


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