Indian trade, current account deficit increases Rupees are under pressure.

[kafa88]

Economists and analysts say India's trade deficit and current account are likely to increase. pressure on the rupee due to rising world oil prices And the domestic economy will reopen from the third wave of the pandemic.

Don't want your slot games to be interrupted. because the สล็อต ทดลองเล่นฟรี deposit and withdrawal system has a problem Incorrect transaction or not paid in full Easy to worry about, just play slots with us, Neoslot, instant deposit, withdraw, no more than 15 seconds, providing premium, fair and transparent services

Preliminary data shows India's trade deficit rose sharply to $21.19 billion in February, compared to $17.94 billion the previous month.Rahul Bajoria, an economist at Barclays, said: “The rise in crude oil prices above $110/barrel and the simultaneous recovery in domestic demand are causing problems with India's current account.

This is because imports tend to be higher,” said Barclays economist Rahul Bajoria.Oil prices hit their highest levels in nearly a decade.Indian exports fell to $33.81 billion from $34.06 billion, while imports rose to $55.01 billion from $52.01 billion.

Exports may fall amid global trade disruption due to Ukraine crisis But analysts think the impact is likely to be small. Russia accounts for only 0.8% of India's exports.If the slowdown in the Russian economy expands The risks to export demand will also increase,” writes Nomura and Aurodeep Nandi economist Sonal Varma