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CAD narrows sharply to 1.7 per cent in first quarter

"The lower CAD was primarily on account of a contraction in the trade deficit contributed by both a rise in exports and a decline in imports," RBI said in a statement.

twitter-logo PTI   New Delhi     Last Updated: September 1, 2014  | 19:30 IST
CAD narrows sharply to 1.7 per cent in Quarter 1
Photo: Reuters

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