MUMBAI: Widening trade gap pushed up the country's current account deficit to $36.4 billion or 4.4 per cent of the GDP in the second quarter of the current fiscal, as per data released by the Reserve Bank on Thursday.
India's current account balance recorded a deficit of $36.4 billion in July-September 2022-23, up from $18.2 billion (2.2 per cent of GDP) in the first quarter of the fiscal and $9.7 billion (1.3 per cent of GDP) in the year ago period.
