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India’s August balance of payments surplus swings to $45.4 billion from $5.6 billion deficit

viaeconomictimes.indiatimes.com15 Oct
India’s August balance of payments surplus swings to $45.4 billion from $5.6 billion deficit
India’s balance of payments showed a surplus of $45.4 billion in August, despite a current account deficit. Net transfers, which include remittances, increased to $12.8 billion compared to the previous year. The capital account saw inflows of $50.6 billion, significantly higher than last year’s…

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