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Current Account Swings to Q4 Surplus, May Slip Again: RBI
Hindustan Times Lucknow
|June 28, 2025
After three deficit quarters, India reported a current account surplus for January-March, but is expected to slip back into a deficit in the ongoing first financial quarter of 2025-26.
MUMBAI:
The fourth quarter of FY25 saw a current account surplus of 1.3% of gross domestic product, against a deficit of 1.1% for the third quarter, data released by the Reserve Bank of India (RBI) on Friday showed.
The surplus improved to $13.5 billion in the latest March quarter from a surplus of $4.6 billion in the same period last year. In the December quarter, India recorded a current account deficit of $11.3 billion.
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