![Current account balance records surplus of 0.6% of GDP in Q4FY24: RBI](https://exclusivenews.co.in/wp-content/uploads/2024/06/22-3-600x366.jpg)
Current account balance records surplus of 0.6% of GDP in Q4FY24: RBI
New Delhi, June 25, 2024. The country’s current account balance recorded a surplus of $5.7 billion, or 0.6 per cent of gross domestic product (GDP) in the January-March 2024 quarter, driven by a lower merchandise trade deficit. In Q4 FY2023, the current account deficit (CAD) stood at $1.3 billion, or 0.2 per cent of GDP, the Reserve…