The recent fall in commodity prices might not be sufficient to bring down the country's widening current account deficit (CAD). Experts say more is needed for a significant change in this regard. The Reserve Bank of India (RBI) views the high CAD as a key challenge. RBI Governor D Subbarao said earlier this month that the CAD for the financial year which ended on March 31 was unlikely to be less than five per cent of gross domestic product (GDP).......
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