https://www.taxtmi.com/news?id=15750 Trade improved in April-January 2015-16 as exports fell by 17.6% to 217.7 billion US dollars and imports fell by 15.5% to 324.5 billion US dollars, reducing the trade deficit to 106.8 billion US dollars from 119.6 billion. Continued low global commodity prices support lower trade and current account deficits. The Current Account Deficit is projected in the low range of one to one and a half percent of GDP. Foreign exchange reserves rose to 351.5 billion US dollars, boosting import coverage and reflecting comfortable external debt metrics. en-us Fri, 26 Feb 2016 14:42:05 +0530 Fri, 26 Feb 2016 14:42:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15750 Trade improved in April-January 2015-16 as exports fell by 17.6% to 217.7 billion US dollars and imports fell by 15.5% to 324.5 billion US dollars, reducing the trade deficit to 106.8 billion US dollars from 119.6 billion. Continued low global commodity prices support lower trade and current account deficits. The Current Account Deficit is projected in the low range of one to one and a half percent of GDP. Foreign exchange reserves rose to 351.5 billion US dollars, boosting import coverage and reflecting comfortable external debt metrics. News - Fri, 26 Feb 2016 14:42:05 +0530 https://www.taxtmi.com/news?id=15750