India's current-account gap is expected to narrow despite sliding rupee

06/30/2013 | Economic Times (India), The

Lower prices for gold and oil are expected to more than offset the decline in the rupee and help India to narrow its current-account deficit in this fiscal year, analysts say. The gap could shrink to as little as 4.3% of gross domestic product this year, down from the record 4.8% for fiscal 2013, analysts project.

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Economic Times (India), The

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