US Current Account Deficit Widens Sharply in Second Quarter on Imports
The large current account deficit has no impact on the dollar given its status as the reserve currency. Imports of goods increased $20.1 billion to $813.9 billion, the highest since the second quarter of 2022, boosted by gains in capital goods, mostly computer accessories, peripherals and parts as well as computers and semiconductors.
India’s Current Account Deficit Widens on Higher Trade Gap
India’s current account deficit widened marginally last quarter as the nation’s trade gap increased due to higher imports and weak exports.
Pakistan’s trade deficit widens marginally to $5.4bn in 3MFY25
Gap comes on account of higher imports that stand at $13.31bn, while exports clock in at $7.88bn in three months
India's current account deficit gap widens in April-June: RBI
India's current account deficit widened to $9.7 billion in Q1 FY25, up from $8.9 billion a year ago, primarily due to a higher merchandise trade deficit.
India's current account deficit widens to 1.1% of GDP in April-June 2024
The current account deficit stood at $9.7 billion, or 1.1 per cent of the GDP, in the fiscal first quarter, compared with a deficit of $8.9 billion or 1 per cent of GDP in the same quarter a year ago
India's current account gap widens in April-June, cenbank says
India's current account deficit widened on-year in the April-June quarter, largely due to a higher merchandise trade deficit, the central bank said on Monday. The current account deficit stood at $9.7 billion,
India's Current Account Deficit Marginally Widens to $9.7 Billion in April-June 2024: RBI Report
The RBI attributed the year-on-year (YoY) rise in the CAD to an increase in the merchandise trade gap, which swelled to $65.1 billion in Q1 FY25 compared to $56.7 billion in the corresponding period a year ago.
India's current account deficit widens marginally to 1.1 pc of GDP in April-June
The country's current account deficit widened marginally to USD 9.7 billion or 1.1 per cent of GDP in April-June 2024, as against USD 8.9 billion or 1 per cent in the year-ago period, Reserve Bank of India said on Monday.
Bloomberg on MSN1mon
US Trade Deficit Widens to $78.8 Billion, Largest in Two Years
The US trade deficit widened to a two-year high in July, fueled by a surge in imports of goods and partly reflecting ...
US trade deficit widens to two-year high on imports
WASHINGTON (Reuters) -The U.S. trade deficit widened to the highest level in more than two years in July as businesses ...
MercoPress1mon
US trade deficit widens fuelled by auto and oil imports
United States trade deficit widened in September by the most in a decade, reflecting rising demand for imported oil and automobiles as the economy rebounded from the worst recession since the ...
North Macedonia's trade deficit further widens in Jan.-Aug.
North Macedonia trade deficit during the period of January-August amounted to 1324 billion denars around 236 billion US dollars up 196 percent ...
The Daily Mirror3d
Merchandise trade account expands with faster increase in imports
Sri Lanka’s exports reached the highest levels so far this year, buttressed by the recovery seen in garment exports as of ...
Transport Topics1mon
US Trade Deficit Widens to $78.8 Billion
The U.S. trade deficit widened to a two-year high in July, fueled by a surge in imports of goods and partly reflecting stepped-up efforts by companies to ensure adequate supply ahead of a ...