Thursday, June 27, 2013

Current account deficit widens to record 4.8 percent | ummid.com

Current account deficit widens to record 4.8 percent | ummid.com
The current account deficit stood at $87.8 billion, or 4.8 percent of the GDP in the financial year 2012-13 as compared to $78.2 billion or 4.2 percent of the GDP in the previous year, according to data released by the Reserve Bank of India (RBI).