Tuesday, November 8, 2022

India's balance of payments may slip into $45-50 bn deficit

The balance of payments (BOP) summarises all the transactions of an economy with the rest of the world across two broad heads - current account and capital account. It stood at a surplus of $47.5 billion in FY22.

from Economy-News-Economic Times https://ift.tt/PhmSCdN
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