Current a/c deficit eases to $13.4bn in Q4 from Q3

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The current account deficit (CAD) for the fourth quarter of FY22 came in at $13.4 billion, which works out to 1.5% of the GDP, lesser than expected by the market.

On a sequential basis, the CAD declined from $22.2 billion, or 2.6% of GDP, in Q3FY22.

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Author / Journalist: TNN

Category: Economy

Topics: Business news Current account deficit Aditi Nayar Gold imports GDP Trade deficit ICRA Crude oil Electronic goods

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 08:18:03

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Reading Time: 2 minutes read

Article Length: 313 words

Coverage Area: India

Availability: Desktop Web, Mobile Web

News ID: 5168

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About Times of India

Main Topics: Economy

Official Website: timesofindia.indiatimes.com

Update Frequency: 22 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 4h ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #28

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