rbi speech, 2006-05-25
Trade in goods (i.e., exports plus imports) as a proportion of GDP increased from 14.6 per cent in 1990-91 to 28.9 per cent in 2004-05; while gross current account receipts and payments as percentage of GDP increased from 19.4 per cent to 45.0 per cent over the same period, reflecting the growth in buoyant Indian trade in services.
Sentiment: neutral
Topic: mp_exchange_rate