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The Times of India
The Times of India
Business
PTI

India's current account deficit widens to 2.7% of GDP in December quarter

India Reserve Bank Aditi Nayar Mumbai

MUMBAI: India's current account deficit widened to $23 billion or 2.7 per cent of the GDP in the December quarter, the Reserve Bank said on Thursday.

The health of the current account, which is a key indicator of a country's external strength, has deteriorated when compared to the preceding September quarter as well as the year-ago period.

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