RBI Data Shows India Records Current Account Surplus Of 0.7% Of GDP In Q4 FY26
New Delhi, June 9 -- India recorded a current account surplus of USD 7.1 billion, or 0.7 percent of GDP, in the fourth quarter (January-March) of FY26, according to preliminary Balance of Payments (BoP) data released by the Reserve Bank of India (RBI). Current Account Surplus Narrows Amid Wider Trade Deficit The surplus was lower than the USD 13.7 billion surplus, or 1.4 percent of GDP, recorded in the corresponding quarter of FY25, primarily due to a wider merchandise trade deficit. India's merchandise trade deficit widened to USD 83.4 billion during Q4 FY26 from USD 59.3 billion a year earlier. However, strong growth in services exports and remittance inflows helped offset part of the deficit. Services Exports And Remittances Provide Su...
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