- Wealth PMS (50L+)
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RBI released India’s current account numbers today and it has been a big positive surprise.
Firstly, the CAD came in at a tiny $1.2 billion. This has been the lowest in over four years.
As a % of GDP, we seem to have the CAD at a miniscule 0.2% of GDP. Again, a multi-year low.
For . . .