The trade deficit expected to remain at or below the USD 10 billion mark in the coming months-CCIL

The easing of the country's import bill, due to the decline in the imports of precious metals alongside receding crude oil prices, continues to indicate reassuring signs of a shrinking current account deficit ahead. The trade deficit is hence expected to remain at or below the USD 10 billion mark in the coming months.
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First Published: Dec 12 2013 | 2:19 PM IST
