Millennium Post

BoP narrows... stays in surplus for 4th quarter in row

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.
Next Story
Share it