India’s shrinking current account gap provides a reprieve for rupee – Times of India
[ad_1] MUMBAI: Economists are lowering their forecasts for India’s current-account shortfall, thanks to favorable trade trends that are proving to be a blessing for the rupee — currently among the worst performers in emerging Asia.Barclays Plc expects the gap in current account — the broadest measure of trade in goods and services — to be … Read more