Amid a record increase in imports the U.S. current account deficit surged to a 15-year high in the third quarter as businesses rushed to replenish depleted inventories to meet strong demand.

US: Current account deficit surged to 15-year high in the third quarter

India's current account surplus shrinks to 15.5 billion dollars in July-September quarter from record surplus of 19.2 billion dollars in April- June. The surplus at 2.4% of GDP in the latest quarter compared to the deficit of 7.6 billion dollars.

World Business Watch: India's current account surplus shrinks

India's current account under threat if oil surge continues: RBI Governor

Current account deficit to print at 16-17 billion dollar in Q1 FY20: ICRA

Earlier, current account holders were allowed to withdraw up to Rs 50,000 in cash, in a week

Reserve Bank of India allows Rs 50,000 a week withdrawal from overdraft accounts

current-account

Current Account, News on Current Account, stories on Current Account, articles on Current Account, Current Account stories at Wion, Current Account news, Current Account latest news