- Wealth PMS (50L+)
RBI Released data on the Current Account and shows us some elements that worry us.
We’ve gone “negative” net of Gold, again
One of the common complaints we have said is that because we import so much Gold, the current account is deeply negative. Last quarter when we analyzed the Current Account, we said that things have changed dramatically, that we are Positive, if you remove the influence of Gold Imports. Well . . .