At 1% of GDP India’s current account deficit is benign. Will this boost equities and the rupee?

<p>Resilient services exports and falling global commodity prices have supported the moderation of CAD to 1% of GDP in Q2 FY24, down from 3.8% in Q2 FY23. With commodity prices likely to stay muted and … Read Full Story at source (may require registration)</p>
<p>The post <a href="https://forextv.com/equities/at-1-of-gdp-indias-current-account-deficit-is-benign-will-this-boost-equities-and-the-rupee/">At 1% of GDP India’s current account deficit is benign. Will this boost equities and the rupee?</a> appeared first on <a href="https://forextv.com">ForexTV</a>.</p>