After RBI Governor D Subbarao contributed to the falling rupee on Tuesday by saying he thought this was the wrong time for a sovereign bond and that India didn’t need to go to the IMF for a line of credit, finance minister P Chidambaram did well to say the government has plans to get PSUs to raise funds abroad as well as to target NRIs and various sovereign wealth funds (SWF) to bolster India’s forex reserves................
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