08-June-2026
Economy News
 
What steps India has taken to stem pressure on its external balance of payments
08-Jun-2026

India's currency has tumbled to record lows this year because of pressure on the economy's balance of payments (BoP), prompting steps by authorities to try to cool dollar outflows. A surge in oil prices following the Iran conflict and selling of Indian stocks by foreign investors are likely to widen the BoP deficit this financial year, economists say.

News Source:- https://economictimes.indiatimes.com/news/economy/finance/what-steps-india-has-taken-to-stem-pressure-on-its-external-balance-of-payments/articleshow/131479662.cms
 
 
 

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