India's current account deficit to remain manageable in FY25, Rupee to remain in pressure: Bank of Baroda

Bank of Baroda predicts India's current account deficit will remain manageable in FY25 and FY26 due to stable oil prices. However, a widening trade deficit, driven by increased oil and gold imports, poses a challenge. Despite export growth, the rupee is expected to weaken due to a strong dollar and capital outflows.
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