India’s Q4 current account deficit narrows sharply to $1.3 bn
The sequential decline in CAD mainly on moderation in the trade deficit to $52.6 bn from $71.3 bn in the previous quarter, coupled with robust services exports
net services receipts
June 2023
June 2022
India's current account deficit dips 1.5% to $13.4bn in March quarter
Sequential decline in current account deficit in Q4 FY22 was mainly due to moderation in the trade deficit and lower net outgo of primary income.
