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CAD will fall to 3.5% in FY13, says Citi report
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June 10, 2012
The country's current account deficit (CAD) is set to fall below 3.5 per cent of Gross Domestic Product (GDP), says a Citi report which comes as a silverlining amidst a flurry of gloomy economic forecast after the dismal nine-year low growth of 6.5 per cent last fiscal . "While most macro variables...
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