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India posts current account surplus of USD 13.5 bn in Q4FY25: RBI data
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....ndia posts current account surplus of USD 13.5 bn in Q4FY25: RBI data<BR>FEMA / RBI<BR>Dated:- 27-6-2025<BR>PTI<BR>Mumbai, Jun 27 (PTI) India posted a current account surplus of USD 13.5 billion or 1.3 per cent of GDP in March quarter 2024-25 as compared with USD 4.6 billion in the year-ago period mainly on account of surge in services exports and higher remittances, according to RBI data released....
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.... on Friday. However, on annual basis, the current account was in deficit at USD 23.3 billion (0.6 per cent of GDP) during 2024-25, said the 'India’s Balance of Payments during the Fourth Quarter (January-March) of 2024-25' released by Reserve Bank of India. "India’s current account balance recorded a surplus of USD 13.5 billion (1.3 per cent of GDP) in Q4:2024-25 as compared with USD 4.6 b....
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....illion (0.5 per cent of GDP) in Q4:2023-24 and against a deficit of USD 11.3 billion (1.1 per cent of GDP) in Q3:2024-25," RBI said. Balance of Payments is an indicator of the country's external payment scenario. Merchandise trade deficit at USD 59.5 billion in Q4:2024-25 was higher than USD 52 billion in Q4:2023-24. However, it moderated from USD 79.3 billion in Q3:2024-25. "Net services re....
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....ceipts increased to USD 53.3 billion in Q4:2024-25 from USD 42.7 billion a year ago. Services exports have risen on a y-o-y basis in major categories such as business services and computer services," RBI said. Personal transfer receipts, mainly representing remittances by Indians employed overseas, rose to USD 33.9 billion in Q4:2024-25 from USD 31.3 billion in Q4:2023-24. It further said the ....
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....net outgo on the primary income account, primarily reflecting payments of investment income, moderated to USD 11.9 billion in Q4:2024-25 from USD 14.8 billion in Q4:2023-24. In the financial account, foreign direct investment (FDI) recorded a net inflow of USD 400 million in Q4:2024-25 as compared to an inflow of USD 2.3 billion in the corresponding period of 2023-24. Foreign portfolio investm....
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....ent (FPI) recorded a net outflow of USD 5.9 billion in Q4:2024-25 as against a net inflow of USD 11.4 billion in Q4:2023-24. There was an accretion of USD 8.8 billion to the foreign exchange reserves (on a BoP basis) in Q4:2024-25 as compared to an accretion of USD 30.8 billion in Q4:2023-24. On Balance of Payments (BoP) during 2024-25, RBI said India’s current account deficit at USD 23.3 bi....
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....llion (0.6 per cent of GDP) during 2024-25 was lower than USD 26 billion (0.7 per cent of GDP) during 2023-24, primarily due to higher net invisibles receipts. Net inflow under FDI at USD 1 billion during 2024-25 was lower than USD 10.2 billion during 2023-24. During 2024-25, FPI recorded a net inflow of USD 3.6 billion, lower than USD 44.1 billion a year ago. Commenting on the data, Aditi N....
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....ayar, Chief Economist, ICRA said while the current account balance expectedly reported a seasonal surplus in Q4 FY2025, the size of the same overshot expectations, amid a surprise dip in primary income outflows in the quarter. Amid expectations of a widening in the merchandise trade deficit as well as a moderation in the services trade surplus in Q1 FY2026 vis-a-vis Q4 FY2025, "we expect the cur....
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....rent account to revert to a deficit in the ongoing quarter", she said. PTI NKD NKD ANU ANU<BR> News - Press release - PIB....