Reserve Bank puts the monthly current account deficit at US$ 7.4 billion in its balance of payments release

13 November 2026

The Reserve Bank of India has released its monthly statement on developments in India's balance of payments. The net current account stood at -7.4 US$ billion for the month and -25.8 US$ billion for the April to September period, both figures marked preliminary. Net merchandise was -30.0 US$ billion for the month and -176.1 US$ billion for the half year, while net services came to 19.2 US$ billion and 105.0 US$ billion. Net transfers, the head under which money sent home by Indians abroad is counted, were 10.9 US$ billion for the month and 77.7 US$ billion for the half year. Net foreign direct investment was -4.9 US$ billion and net foreign portfolio investment -6.7 US$ billion for the month. The overall balance was 8.8 US$ billion for the month and 66.8 US$ billion for the half year, with monetary movements carrying the opposite sign because a minus there means an increase in reserves.