Current account deficit jumps to $23 billion in Oct-Dec, highest in 9 years - Moneycontrol


3/31/2022 12:00:00 AM3 years 1 month ago

The latest quarterly print takes the current account deficit for the first nine months of FY22 to $26.5 billion as against a surplus of $32.1 billion in the correspondng period of FY21.

India's current account deficit widened to a massive $23 billion in October-December 2021 from $9.9 billion in July-September 2021 due to a higher merchandise import bill, data released by the Reserv… [+1811 chars]

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