MARKETS07:25 UTC16h ago 1 min readSource: FXStreet

India: Middle East shock weighs on trade flows – MUFG

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India: Middle East shock weighs on trade flows – MUFG
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MUFG’s Michael Wan reviews India’s March trade data, noting a narrower overall deficit helped by seasonal factors and lower Gold prices and imports.

AI Executive Brief
  • / India's March trade deficit narrowed, supported by seasonal factors and reduced gold imports.
  • / Lower gold prices contributed to the decrease in the overall trade deficit.
  • / Michael Wan of MUFG highlights the impact of seasonal factors on trade data.

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