HSBC said it has assumed crude prices to average $95 a barrel, and combined it with sensitivities in oil, gold, core goods, services trade and remittances to arrive at a current account deficit of 2.3% of GDP in FY27 as against 0.9% in FY26 For the full story, visit the source.
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Current account deficit to widen to 2.3% of GDP in FY27 from 0.9% in FY26: Report
HSBC said it has assumed crude prices to average $95 a barrel, and combined it with sensitivities in oil, gold, core goods, services trade and remittances to arrive at a current account deficit of 2.3% of GDP in FY27 as against 0.9% in FY26
By PTI· BusinessLine· 1 day ago· 2 min read
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