India Current Account Deficit Narrows in Oct-Dec India's current account deficit narrowed to USD 10.5 billion or the equivalent of 1.2% of GDP in the October-December 2023 quarter, compared with USD 16.8 billion or 2.0% of GDP in the same quarter of the previous year. The services surplus...
Recently, the government released data showing that India's exports and imports decreased by 6.59% and 3.63%, respectively, in January 2023. However, there are indications that the country's current account deficit (CAD) may moderate, despite the global
笛子_品职助教 · 2023年10月24日 嗨,努力学习的PZer你好: 题目表格里面 current account deficit是啥意思 Hello,亲爱的同学~ current account deficit的含义是:经常账户赤字。 是否理解为经常项目赤字,就是进口小于出口,付汇大于收汇。 同学理解正确。 那么,购汇方向需求旺盛,本币应该趋向贬值。 正确。 为了将汇率...
New Delhi: India's current account deficit is likely to rise to 3 percent of GDP in the July-September quarter of current fiscal, from 2.4 percent in the preceding quarter, driven mainly by high crude oil prices, ICRA said Monday. CAD may widen to 3% in September quarter on higher crude...
THE CURRENT ACCOUNT DEFICIT IN INDIA-SOME FACTS, IMPLICATIONS AND SUGGESTIONS TO CURTAIL THE DEFICITThis article starts with the definition of capital account deficit and attempts to clarify the method of calculating it. It then proceeds to examine how current account deficit arises, while ...
India's current account deficit widened to 2.5 percent of Gross Domestic Product (GDP) in October-December, or the third quarter of the current fiscal year, from 2.1 percent in the corresponding quarter a year ago, said a release by the country's Central Bank - Reserve Bank of India on ...
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The Granger causality test clearly finds the existence of bidirectional relationship between the twin deficit variables. The results indicate that twin deficit hypothesis exists in India as opposed by direction between budget deficit and current account deficit. The study finds the government need to ...
The current account balance represents the most important measurement of acountry's economic performance and it is important to keep the current account deficit within sustainable levels. Over the last decade, the importance of asustainable current account deficit has been major concern of policy maker...
"Current Account Deficit Sustainability: The Case of Greece." Applied Economics Letters, 7(9): 599-603.Apergis, N., Katrakilidis, K.P., Tabakis, N.M., (2000), " Current Account Deficit Sustainability: The Case of Greece." Applied Economics Letters, 7, pp.599-603....