Economic Survey Underlines Significant Improvement in BoP Position

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....conomic Survey Underlines Significant Improvement in BoP Position <br>News and Press Release<br>Dated:- 9-7-2014<br><BR>&bull; The India's balance-of-payments position improved dramatically in 2013-14....

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.... with current account deficit (CAD) at US $ 32.4 billion (1.7% of GDP) as against US $ 88.2 billion (4.7% of GDP) in 2012-13. &bull; The annual average exchange rate of the Rupee went up from 47.92 p....

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....er US dollar in 2011-12 to &#x20B9; 54.41 per US dollar in 2012-13 and further to &#x20B9; 60.50 per US dollar in 2013-14. &bull; India's foreign exchange reserves increased from US $ 292.0 billion a....

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....t end March 2013 to US $ 304.2 billion at end March, 2014.<BR> News - Press release - PIB....