scorecardresearchIndia's current account deficit likely hit a three-year high at $43.8 billion in FY22

India's current account deficit likely hit a three-year high at $43.8 billion in FY22

Updated: 10 Jun 2022, 11:37 AM IST
TL;DR.
India's merchandise imports are expected to accelerate on the back of escalated commodity prices and rupee depreciation in FY23.
India's overall exports crossed the $400-billion target, scaling a lifetime high of $421.8 billion in FY22, up from $296.3 billion in FY21.

India's overall exports crossed the $400-billion target, scaling a lifetime high of $421.8 billion in FY22, up from $296.3 billion in FY21.