The
deficit was much narrower than a deficit of $6.1 billion, or 1.2
percent of GDP, in the same quarter a year ago, according to the
data released by the Reserve Bank of India on Wednesday.
Meanwhile, the balance of payments posted a surplus of $7.0
billion for the April-June quarter, down from an $11.4 billion
surplus a year ago, the RBI data showed.
It was India's third consecutive balance of payment surplus.
(Reporting by Suvashree Dey Choudhury; Editing by Rafael Nam)
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