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Last Updated : Mar 31, 2011 11:01 PM IST | Source: CNBC-TV18

Third quarter current account deficit shrinks

India's current account deficit fell to 2.2% in the third (October-December) quarter compared to 4% in the second (June-September) quarter. In the capital account, the FII flows were lower and hence the overall capital account surplus fell; but the country continued to have a balance of payments surplus in the said quarter.


India's current account deficit fell to 2.2% in the third (October-December) quarter compared to 4% in the second (June-September) quarter.


In the capital account, the FII flows were lower and hence the overall capital account surplus fell; but the country continued to have a balance of payments surplus in the said quarter.


CNBC-TV18's Latha Venkatesh reports. Also watch the accompanying video.



  • Q3 current account deficit at USD 9.6 billion versus USD 16.8 billion (QoQ)
  • Q3 current account deficit at USD 9.6 billion versus USD 12.2 billion (YoY)
  • Q3 current account deficit at 2.2% of GDP versus 4% (QoQ)
  • Q3 BoP surplus at USD 3.99 billion versus USD 1.77 billion (YoY)
  • Q3 trade gap at USD 31.58 billion versus USD 30.93 billion (YoY)
  • Capital account surplus at USD 14.88 billion versus USD 14.63 billion (YoY)
  • Q3 current account invisibles at USD 21.9 billion versus USD 18.7 billion (YoY)
  • Q3 exports grew 39.8% versus 19.6% (YoY)
  • Q3 imports grew 24.9% versus 4.9% (YoY)
  • Q3 net FDI flow at USD 2.1 billion versus USD 3 billion (YoY)
  • Q3 FII inflow at USD 7.16 billion versus USD 5.3 billion (YoY)
  • Q3 net ECB inflow at USD 3.65 billion versus USD 1.71 billion (YoY)


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First Published on Mar 31, 2011 05:52 pm
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