BOP Sept 19-20.PDF - \ufffd\u0947\u0947 \u0938 \ufffd\u0915\u0915\u0936\u0928\u0928 PRESS RELEASE \ufffd \u092d\u0915\u0930\u0924\u0928\u092f \u0930\u095b\u0935\u0930\u0930\ufffd \u092c\u0915 \u0938\u0938\ufffd\u091a\u0915\u0930

BOP Sept 19-20.PDF - ufffdu0947u0947 u0938...

This preview shows page 1 - 2 out of 2 pages.

�ेे ककशनन PRESS RELEASE चकर ििवभकग , िनय ककयकररलय , एस . बन . एस . मकगर , म िस बई - 400001 _____________________________________________________________________________________________________________________ Department of Communication, Central Office, S.B.S.Marg, Mumbai - 400001 फफोन / Phone : 022- 22660502 भकरतनय रज़वर RESERVE BANK OF INDIA 0 वेबसकइट : Website : - वेल / email : [email protected] September 30, 2019 Developments in India’s Balance of Payments during the First Quarter (April-June) of 2019-20 Preliminary data on India’s balance of payments (BoP) for the first quarter (Q1), i.e., April-June 2019-20, are presented in Statements I (BPM6 format) and II (old format) . Key Features of India’s BoP in Q1 of 2019-20 India’s current account deficit (CAD) at US$ 14.3 billion (2.0 per cent of GDP) in Q1 of 2019-20 narrowed from US$ 15.8 billion (2.3 per cent of GDP) in Q1 of 2018-19 but was higher than US$ 4.6 billion (0.7 per cent of GDP) in the preceding quarter. The CAD contracted on a year-on-year (y-o-y) basis, primarily on account of higher invisible receipts at US$ 31.9 billion as compared with US$ 29.9 billion a year ago.
Image of page 1
Image of page 2

You've reached the end of your free preview.

Want to read both pages?

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture