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Analyzing India's Balance of Payment – (Part I)
RBI released the Balance of Payment data for the year 2015-16 earlier this week. Even though the exports have come down, trade deficit came down from $ 145 bn in FY15 to $ 130 bn this year providing some relief to the balance of payment situation. The deficit has come down mainly because of lower … Continue reading Analyzing India's Balance of Payment – (Part I)