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India’s foreign exchange reserves has increased to a one-year high of $418.5 billion.The reserves has increased due to strong inflow of funds by Foreign Portfolio Investors(FPI). Further,RBI’s decision to conduct …

Economy

Exports rise 2.44%; trade deficit narrows

March 16, 2019 - by Abdul

According to data released by the Ministry of Commerce,India’s trade deficit has reduced by $9.6 billion in February,2019.The country’s exports grew by 2.44% while imports declined by 5.4%. The exports …

Tag: import

Increasing forex reserve to help improve import cover

Exports rise 2.44%; trade deficit narrows