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Cautious on rupee, foreign funding difficult: HSBC

PUBLISHED ON: December 19, 2011 | Duration: 4 min, 11 sec

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Dominic Bunning, Associate-FX Strategy from HSBC said that they have been cautious on the Indian rupee, which is the reflection of the difficulties in external funding. He added that with foreign funding difficult to come by, it is going to be very hard for India to fund its current account deficit.
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