current account surplus Current Affairs, GK & News

RBI Report: India’s Current Account surplus of 0.9% of GDP in FY21

As per data released by Reserve Bank of India (RBI), India has reported a current account surplus of 0.9 per cent of GDP in the Financial Year 2021 (FY21) amid the covid-19 pandemic. In 2020, it has reported current account deficit of 0.9 per cent in FY20. Key findings of report India’s current account deficit ..




US takes India off Currency Watch List

The US government has removed India from its currency monitoring watchlist. The countries in the list will be closely monitored by the US for the potential questionable foreign exchange policies. Currency Watch List The US includes major trading partners in the monitoring list if they meet at least two of the following three criteria: If ..