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FY15 current a/c deficit falls to 1.3% of GDP vs 1.7% YoY

The country‘s current account deficit for fiscal year 2014-15 eased to 1.3 percent of gross domestic product (GDP), compared to 1.7 percent in the year earlier, helped by relief on the trade account, which in turn was helped by falling oil prices and muted gold imports.

first published: Jun 10, 2015 06:12 pm

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