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Current account deficit widens to 2.5% of GDP in Q3

Updated : March 29, 2019 06:23 PM IST

In absolute terms, the CAD, or the gap between inflow and outflow of foreign exchange in the current account, was $16.9 billion in the October-December 2018 period, up from $13.7 billion in the year-ago period.
The deficit, however, had moderated to $19.1 billion or 2.9 per cent of GDP in the preceding quarter (July-September).
Current account deficit widens to 2.5% of GDP in Q3

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