If FPIs Outflows Remain Constant, India's BoP Will Be Neutral for FY25
The Free Press Journal|December 30, 2024
India's current account deficit (CAD) widened slightly to USD 11.2bn (1.2 per cent of GDP) in Q2 from USD 10.2bn (1.1 per cent of GDP) in the previous quarter, a report by ICICI Bank Global Markets anticipated.
If FPIs Outflows Remain Constant, India's BoP Will Be Neutral for FY25

However, there was a Balance of Payments (BoP) surplus of USD 23.8 billion in the first half (H1).

If a similar outflow happens in the second half (H2), it will result in a neutral BoP for the financial year (FY25), says a report by ICICI Bank Global Markets.

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