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June quarter CAD narrows to 1.1%, widens sequentially on higher trade deficit

The current account deficit (CAD), which represents the difference between the total amount of money sent abroad and money received from overseas across the economy, stood at USD 17.9 billion or 2.1 per cent of GDP in the year-ago period.

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​ The current account deficit (CAD), which represents the difference between the total amount of money sent abroad and money received from overseas across the economy, stood at USD 17.9 billion or 2.1 per cent of GDP in the year-ago period. The current account deficit (CAD), which represents the difference between the total amount of money sent abroad and money received from overseas across the economy, stood at USD 17.9 billion or 2.1 per cent of GDP in the year-ago period.  Moneycontrol Latest News Read More  

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