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CAD rises as trade deficit widens in Q3

NEW DELHI: The third quarter of the current fiscal year has witnessed a sharp widening of India’s current account deficit (CAD) in the wake of a steady rise in imports. According to data released by the RBI on Friday, CAD ...

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CAD widens on higher imports

Prasanna expects India’s CAD to stand at 2 per cent of GDP in the fiscal year ending in March 2018. The capital and financial account surplus rose to $12.6 billion in the December quarter from $7.3 billion a year ago, ...

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CAD/JPY wraps up another brutal week. What’s next

it feels as though I’ve been writing this a lot lately: The Canadian dollar was the worst performer this week. Meanwhile, the yen was on top as the best performing major, narrowly outpacing the pound. It’s worth taking another look ...

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USD/CAD keeps the upbeat tone below 1.3100

The pair trades closer to the key up barrier at 1.3100 the figure. USD gathers steam and advances to session highs tracked by DXY. US Industrial Production, Consumer Sentiment beat estimates. The now better tone surrounding the greenback is lifting ...

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