India’s August Balance of Payments Surplus Reaches $45.4 Billion
India recorded a $45.4 billion balance of payments surplus in August, versus a $5.6 billion deficit a year earlier, Reserve Bank of India data showed.
India’s balance of payments recorded a surplus of $45.4 billion in August, compared with a deficit of $5.6 billion a year earlier, data from the Reserve Bank of India showed on Thursday.The country's external position has improved after the central bank announced a series of policy measures to attr…