Don’t miss the latest developments in business and finance.

The trade deficit expected to remain at or below the USD 10 billion mark in the coming months-CCIL

Image
Capital Market
Last Updated : Dec 12 2013 | 11:57 PM IST
The easing of the country's import bill, due to the decline in the imports of precious metals alongside receding crude oil prices, continues to indicate reassuring signs of a shrinking current account deficit ahead. The trade deficit is hence expected to remain at or below the USD 10 billion mark in the coming months.

Powered by Capital Market - Live News

More From This Section

First Published: Dec 12 2013 | 2:19 PM IST

Next Story