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India Current Account (USD) YoY

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India Current Account (USD) YoY

Frequency

Delivery Method

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Status

 
Latest Release
Jun 24, 2024
Actual
-23.200B
Previous
-67.000B
The Current Account index measures the difference in value between exported and imported goods, services and interest payments during the reported month. The goods portion is the same as the monthly Trade Balance figure. Because foreigners must buy the domestic currency to pay for the nation's exports the data can have a sizable effect on the INR. A higher than expected reading should be taken as positive/bullish for the INR, while a lower than expected reading should be taken as negative/bearish for the INR.
Importance:
Country:
Currency: INR
Source:
India Current Account (USD) YoY
 
Release Date Time Actual Forecast Previous
Jun 24, 2024 06:30 -23.200B   -67.000B
Jun 22, 2022 11:32 -38.700B   24.000B
Jun 30, 2021 06:59 24.000B   -24.600B
Jun 30, 2020 13:30 -24.600B   -57.100B
Jun 28, 2019 10:00 -57.100B   -48.700B
Jun 10, 2015 (12M) 07:00 -27.500B   -32.400B

Analysis

Ed Moya
Week Ahead: Doves Are Back In Control By Ed Moya - Jun 27, 2021

US stocks rallied to record highs and dollar weakness returned as investors shrug off the hawkish tilt given at the previous week’s FOMC policy decision. A wrath of Fed speak showed that more...

Current Account (USD) Discussion

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