Guwahati: The Reserve Bank of India forecast a current account deficit of 1.2% of GDP in 2021-22, compared to a surplus of 0.9% in FY2020-21, due to a larger trade imbalance.
CAD likely to go 13 Quarter high of GDP; Commodity prices to surge
Mumbai: The country’s current account deficit (CAD) is likely to widen to a 13-quarter high of USD 23.6 billion or 2.8 percent of GDP in…