Acuite Ratings & Research revises India’s external deficit forecasts

Acuite Ratings & Research revises India’s external deficit forecasts.

Acuite Ratings & Research, a credit rating agency, has revised its forecast for India’s current account deficit and balance of payments deficit.

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The agency predicts that India’s current account deficit will now be $68 billion.

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The surplus in the capital account has increased to $30.2 billion in Q3 from $22.5 billion a year ago.

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