CAD stood at $3.4 billion in July-September of 2016, much higher than $300 million in the previous quarter
Brexit or no Brexit, India is better prepared for any turmoil this time than it was 3 years ago
For the entire FY16, CAD stood at $22.1 billion against $26.8 billion for FY15
CAD, difference between inflow and outflow of foreign exchange, came in at 1.3% in 2014-15, 1.7% in 2013-14 and a record high of 4.8% of GDP in 2012-13
It dropped to $7.1 billion or 1.3% of GDP in the third quarter of FY16.