India's current account deficit to widen in FY23, says brokerage Edelweiss
Updated: 24 Jun 2022, 11:54 AM IST
TL;DR.The high merchandise trade deficit coupled with the fund outflow from financial markets has weakened India's external account or balance of payment position.
FILE PHOTO: An India Rupee note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration