Every $10 increase in the price of Brent crude could widen India’s current account deficit by roughly 0.3 to 0.4% of GDP, translating into over USD 10 billion in additional import expenditure.
Simple ethical design
Every $10 increase in the price of Brent crude could widen India’s current account deficit by roughly 0.3 to 0.4% of GDP, translating into over USD 10 billion in additional import expenditure.
