The current account deficit, which hit a record high in the last fiscal year, is expected to rise in the June quarter from the previous three-month period before easing due to sharp fall in gold imports and improving exports.
Five economists predicted the June quarter current account deficit (CAD) would rise to $23-25 billion, or 4.8-5.4 percent of gross domestic production (GDP), from $18.1 billion, or 3.6 percent, in the March quarter.
The data will be released on Monday.
The gap typically widens in the June quarter from the previous quarter due to seasonal factors including lower exports. In the June quarter last year, the current account deficit was $17.1 billion.
"CAD is likely to peak in Q1 and is expected to fall in subsequent quarters because there has been a clamp down on gold imports," said A. Prasanna, economist at ICICI Securities Primary Dealership in Mumbai.
The high current account gap has made the country especially vulnerable to a surge in capital flows out of emerging markets in recent months, sending the rupee down as much as 20 percent this year to a record low on Aug 28, although it has since recovered some ground.