BoP narrows... stays in surplus for 4th quarter in row
9 Dec 2014 12:22 AM GMT
The country’s balance of payments (BoP) remained in surplus for the fourth consecutive quarter at $6.9 billion for the second quarter, narrower than $11.2 billion surplus in the first quarter, the Reserve Bank of India said here on Monday.
The trade deficit in the September quarter rose to $38.6 billion from USD $34.6 billion a quarter ago, according to RBI data.
The trade deficit in the September quarter rose to $38.6 billion from USD $34.6 billion a quarter ago, according to RBI data.
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