Otmane El Rhazi : April-June current account deficit narrows to 1.2% of GDP

Otmane El Rhazi from Moneycontrol Economy News.

April-June current account deficit narrows to 1.2% of GDP India’s current account deficit in the April-June quarter narrowed to USD 6.2 billion, or 1.2 percent of gross domestic product, from USD 7.8 billion, or 1.6 percent of GDP a year earlier, the Reserve Bank of India (RBI) said on Friday.