|Mar 24, 13:07||Balance Payment $||$8.5B||-$1.20B|
Balance Payment $
The Balance of Payments released by the Reserve Bank of India is the sum of the current account and total capital account, including errors and omissions. The overall balance records all economic transactions between residents of India and the rest of the world. A strong positive balance of payment indicates strength in the economy and is seen as positive (or bullish) for the India Rupee, whereas a low reading is seen as negative (or bearish).
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