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Re: RBI Bulletin November Here I am giving you RBI Bulletin of November 2011. Some of the topics of RBI November 2011 bulletin: Main Findings During Q1 of 2011-12, a rise in trade deficit, despite sharper increase in exports than imports and increase in net export of services, led to widening of current account deficit (CAD) as compared with Q1 of the previous year. During Q1 of 2011-12, while growth in goods exports was higher than growth in imports, trade deficit in absolute terms widened to US$ 35.4 billion (US$ 32.3 billion a year ago). Growth in services receipts and payments remained moderate during Q1 of 2011-12 as compared with that recorded in Q1 of 2010-11. Net exports of services recorded a growth of 19.1 per cent led by higher growth in receipts led by ‘transportation’, ‘telecommunication, computer and information services’ and ‘other business services’. There has been rise in net secondary income but it was partly offset by net outflow on account of primary income. During the period, despite improvement in net services and secondary income, higher trade deficit coupled with deterioration in the primary income led to increase in absolute size of current account deficit. However, as a proportion of GDP, CAD remained at the previous year level during the quarter. Financial account witnessed a surge primarily on account of foreign direct investment and other investment led by loans particularly banking capital. There was a net accretion to foreign exchange reserves of US$ 5.4 billion during Q1 of 2011-12 (excluding valuation). Rest of topics is available in a file which I am providing you. You are free to download this file. |
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