Saturday, December 7, 2013

Rupee to be fairly stable with CAD narrowing: Subir Gokarn

......I really do not have the ability to make a number call. I have not been looking at the numbers that closely, but there are two issues that we have to emphasise on the structural side. One is clearly that the rupee depreciation is helping exports grow and imports are contained. Anything that is imported that has a domestic competitor now and the advantage will now swing to the domestic producer. That is a very positive response to the rupee depreciation. But the other............ 



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