India’s Trade Deficit Narrows To 10-Month Low

The gap between exports and imports stood at $ 13.08 billion, compared with $14.20 billion in the same month last year.

Published On

15 Jan 2019, 06:53 PM IST

Last Updated On

15 Jan 2019, 08:05 PM IST

Containers sit stacked next to gantry cranes at Krishnapatnam Port in Krishnapatnam, Andhra Pradesh, India. (Photographer: Dhiraj Singh/Bloomberg)

India’s trade deficit narrowed to the lowest in 10 months in December as lower crude oil prices and falling gold demand reduced the burden on the import bill.

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India’s Trade Deficit Narrows To 10-Month Low

The gap between exports and imports stood at $ 13.08 billion, compared with $14.20 billion in the same month last year.

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