India s Q2 CAD widens to $7.2 bn
Wednesday - December 13, 2017 6:22 pm ,
Category : BUSINESS
India s Q2 CAD widens to $7.2 bn
Mumbai Dec 13 (IANS) India s current account deficit (CAD) widened to $7.2 billion in the second quarter of 2017-18 from $3.4 billion reported in the corresponding period in 2016-17 Reserve Bank of India (RBI) data showed on Wednesday.
However on a sequential basis the Q2 CAD narrowed sharply from $15 billion reported for the preceding quarter.
--IANS
rv/mr
