Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

India's standing in Current Account Deficit amongst Asian peers
Jun 4, 2012


Over last several months, the inherent weaknesses of the Indian economy have come to the fore. The government been has putting the blame of India's deteriorating economic condition on the eurozone crisis. But several indicators hint that the India's current predicament is majorly the result of its own doing. Today's chart of the day compares the current account deficit of India with some Asian peers. It is evident from the chart that India has the highest current account deficit among major Asian economies. India's current account deficit has been adversely affected mainly due to high dependence on fuel imports, high subsidies and a falling rupee.

Data source: Business Line

This Chart Of The Day was published in The 5 Minute WrapUp - Why is this the perfect time to identify great stocks?

Equitymaster requests your view! Post a comment on "India's standing in Current Account Deficit amongst Asian peers". Click here!

  

Our Most Popular Charts

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

MARKET STATS