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Current Account Deficit At Comfortable Levels: StanChart

PUBLISHED ON: September 2, 2014 | Duration: 9 min, 29 sec

   
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Commenting on current account deficit of 1.7 per cent in the first quarter, Samiran Chakraborty, chief economist at Standard Chartered, said though the figure is higher than the previous quarter's level, as long as it is within the 2 per cent mark, markets would not be worried. It could be easily funded by capital inflows, he added.
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