India's trade deficit took a turn for the better in September, falling to a 30-month low of US$6.76 billion. Credited were an 11.15% year-on-year rise in exports and lower imports. "I am quite confident that import-containment measures put in place for nonessential imports are playing out extremely well, and we need to continue this so that our rupee becomes stronger," said Commerce Secretary S.R. Rao.
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