India's current account balance deficit grew to $68bn in 2018-19: IMF
India's overall international reserves, though stood at $411.9 billion at the end of March this year, down from March last year by $12.5 billion
The IMF said that India has to attract more stable sources of financing to reduce vulnerabilities
UNITED NATIONS :
India's current account (CA) balance deficit grew to $68 billion in 2018-19 from $49 billion the previous year, according to the International Monetary Fund (IMF), which said the deficit was justified by development needs.